Yara International ASA - share purchase and mandatory notification of trades
04 September 2024 - 7:00PM
UK Regulatory
Yara International ASA - share purchase and mandatory notification
of trades
Yara has today purchased in the market a total of 19,261
Yara shares (ticker: YAR, ISIN: NO0010208051) at an average price
of NOK 297.8423 per share on behalf of members of Yara’s Group
Executive Board. The shares are purchased on behalf of and
transferred to Yara executives taking part in the Share Based
Remuneration (SBR) program.
In order to support alignment between members of the Group
Executive Board and shareholder interests, it is expected that
members of the Group Executive Board participating in Yara’s Share
Based Remuneration program (SBR), in addition to the shares
received as part of the SBR, invest in Yara shares an amount
equalling the lowest amount received as net, after tax short-term
incentive plan payout for the preceding year or the net amount
received as SBR for the relevant year, and do so yearly as a
minimum. Such investments should be made until the shareholding
amounts to the member’s gross remuneration package, including
pensions. Furthermore, it is also expected that members of the
Group Executive Board do not sell any Yara shares as long as they
are members of the Group Executive Board.
Yara has in addition purchased residual shares from the Share
Based Remuneration allocation performed in February 2024.
Guidelines on salary and other remuneration for executive
personnel are further described in the Yara Integrated Report 2023
on pages 67-71.
PDMR trades
Share purchases by and on behalf of the following members of
Yara’s Group Executive Management members are considered as PDMR
trades under the Market Abuse Regulation (EU) No 596/2014 (“MAR”)
and are subject to the disclosure requirements pursuant to MAR
article 19:
President and CEO Svein Tore Holsether bought 2,501 shares and
following this purchase, owns 60,465 Yara shares.
EVP & Chief Financial Officer Thor Giæver bought 2,101
shares and following this purchase, owns 14,078 Yara shares.
EVP, Corporate Development Magnus Krogh Ankarstrand bought 1,234
shares and following this purchase, owns 8,199 Yara shares.
EVP Europe Mónica Andrés Enríquez bought 2,714 shares and
following this purchase, owns 13,330 Yara shares.
EVP Africa & Asia Fernanda Lopes Larsen bought 276 shares
and following this purchase, owns 11,786 Yara shares.
EVP Americas Chrystel Monthean bought 2,756 shares and following
this purchase, owns 15,630 Yara shares.
EVP Global Plants & Operational Excellence Johan Labby
bought 1,364 shares and following this purchase, owns 3,098 Yara
shares.
EVP & General Counsel Kristine Ryssdal bought 2,272 shares
and following this purchase, owns 20,342 Yara shares.
EVP People, Process & Digitalization Solveig Hellebust
bought 2,060 shares and following this purchase, owns 7,815 Yara
shares.
EVP & CEO, Yara Industrial Solutions Jorge Noval bought
1,721 shares and following this purchase, owns 11,006 Yara
shares.
Individual notifications for each of the persons above are
included in the attachment.
Contact
Maria Gabrielsen
Head of Investor Relations
M: +47 920 900 93
E: maria.gabrielsen@yara.com
About Yara
Yara's mission is to responsibly feed the world and protect the
planet. We pursue a strategy of sustainable value growth through
reducing emissions from crop nutrition production and developing
low-emission energy solutions. Yara’s ambition is focused on
growing a nature-positive food future that creates value for our
customers, shareholders and society at large and delivers a more
sustainable food value chain.
To drive the green shift in fertilizer production, shipping, and
other energy intensive industries, Yara will produce ammonia with
significantly lower emissions. We provide digital tools for
precision farming and work closely with partners at all levels of
the food value chain to share knowledge and promote more efficient
and sustainable solutions.
Founded in 1905 to solve the emerging famine in Europe, Yara has
established a unique position as the industry’s only global crop
nutrition company. With 18,000 employees and operations in more
than 60 countries, sustainability is an integral part of our
business model. In 2023, Yara reported revenues of USD 15.5
billion.
www.yara.com
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
- 2024 09 04 Yara International ASA PDMR trades details
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