funcom.com | Investor relations | Mandatory notification of trade

Investor Relations

Mandatory notification of trade

Published on (01-05-2012)

On 4 January 2012, the following primary insiders in Funcom N.V. exercised 292,751 stock options and subsequently sold 251,233 shares in the company mainly to finance the option exercise and to cover the tax liabilities arising as a result of the option exercise;

Mr. Ole Schreiner, COO of Funcom and a primary insider, exercised 100,950 stock options at an average of NOK 3.74 per share and subsequently sold 43,400 shares. Number of stock options held after the transactions are 155,850, at conditions as previously announced, and number of shares held once the transactions have effectively been completed are 100,950.

Mr. Bjørn Toften, CFO of Funcom and a primary insider, exercised 73,000 stock options at an average of NOK 3.72 per share and subsequently sold 73,000 shares. Number of stock options held after the transactions are 148,800, at conditions as previously announced, and number of shares held once the transactions have effectively been completed are 78,400.

Mr. Morten Larssen, SVP Sales & Marketing of Funcom and a primary insider, exercised 60,467 stock options at an average of NOK 3.67 per share and subsequently sold 60,000 shares. Number of stock options held after the transactions are 147,933, at conditions as previously announced, and number of shares held once the transactions have effectively been completed are 67,267.

Mr. Michel Cassius, member of the Supervisory Board of Funcom N.V. and a primary insider, exercised 25,000 stock options at NOK 5.30 per share and subsequently sold 25,000 shares. In addition his spouse sold 16,000 shares. Number of stock options held after the transactions are 75,000, at conditions as previously announced, and number of shares held once the transactions have effectively been completed are 50,000.

Mr. Pieter van Tol, Managing Director of Funcom N.V. and a primary insider, exercised 33,334 stock options at an average of NOK 3.78 per share and subsequently sold 33,833 shares. Number of stock options held after the transactions are 33,333, at conditions as previously announced, and number of shares held once the transactions have effectively been completed are 33,334.

All sales of shares were made at NOK 14.90 per share.