28.05.2009 : Brødrene Hoddevik AS, a company controlled by primary insiders Jan Otto Hoddevik and Geir Hoddevik, respectively Sales and Marketing Director and Senior Sales Manager in Norway Pelagic, has on May 27th sold 125 000 shares, at 39,00 pr share.
After the transaction, Brødrene Hoddevik AS controls 638 132 shares in Norway Pelagic ASA. This is a reduction from 5,25% to 4,39% of total outstanding shares, which is also a mandatory notification of trade according to the 5% threshold set out in the Norwegian Securities Trading Act, Section 4-2.