Oslo, 8 March 2021: As part of its Share Based Remuneration (“SBR”) program approved by the Yara International ASA Board of Directors, Yara purchased 57,055 own shares (ticker: YAR, ISIN: NO0010208051) in the market on 5 March 2021 at an average price of NOK 419.7853 per share. The shares are purchased on behalf of and transferred to Yara executives taking part in the SBR program.
The SBR program is described in the document Remuneration of executives in Yara 2020 which was presented to the Yara International ASA Annual General Meeting 7 May 2020. The SBR shares are locked in for a period of three years after purchase, after which executives may keep or sell the shares at their discretion.
All transactions were carried out on the Oslo Stock Exchange. A full breakdown of the transactions is attached to this press release.
The share purchases on behalf of the following Yara executives are considered as PDMR trades under the Market Abuse Regulation (EU) No 596/2014 (“MAR”), and as a result Yara International ASA is required to disclose the following information:
| Name of the PDMR: | Svein Tore Holsether |
| Position of the PDMR: | President and CEO |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 2,318 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Tove Andersen |
| Position of the PDMR: | EVP Europe |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 1,126 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Pål Hestad |
| Position of the PDMR: | EVP Global Plants & Operational Excellence |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 965 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Terje Knutsen |
| Position of the PDMR: | EVP Farming Solutions |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 1,054 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Fernanda Lopes Larsen |
| Position of the PDMR: | EVP Africa & Asia |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 965 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Pablo Barrera Lopez |
| Position of the PDMR: | EVP Communications & Procurement |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 1,061 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Chrystel Monthean |
| Position of the PDMR: | EVP Americas |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 1,102 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Kristine Ryssdal |
| Position of the PDMR: | EVP HR & General Counsel |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 963 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Lars Røsæg |
| Position of the PDMR: | Chief Financial Officer |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 1,093 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Jorge Noval |
| Position of the PDMR: | President Industrial Solutions |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 1,237 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
| Name of the PDMR: | Magnus Ankarstrand |
| Position of the PDMR: | Head of Clean Ammonia |
| Initial notification or amendment: | Initial notification |
| Name of the issuer: | Yara International ASA |
| Legal Entity Identifier (LEI) of the issuer: | 213800WKOUWXWFJ5Z514 |
| Description of the financial instrument: | ISIN NO0010208051 |
| Nature of the transaction: | Purchase of shares linked to the Share Based Remuneration Program |
| Aggregate volume: | 619 |
| Aggregate price: | 419.7853 |
| Detailed volume and price: | See appendix |
| Date of the transaction: | 5 March 2021 |
| Place of the transaction: | Oslo Stock Exchange |
An overview of Yara PDMR shareholdings is available on Yara’s web pages:
https://www.yara.com/investor-relations/share-and-debt-information/shareholders/
Contact
Thor Giæver, Investor Relations
Cellular (+47) 480 75 356
E-mail: thor.giaver@yara.com
About Yara
Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger, we pursue a strategy of sustainable value growth, promoting climate-friendly and high-yielding crop nutrition solutions for the world’s farming community and food industry.
Yara’s ambition is to be the Crop Nutrition Company for the Future. We are committed to creating value for our customers, shareholders and society at large, as we work to develop a more sustainable food value chain. To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming, and work closely with partners throughout the food value chain to improve the efficiency and sustainability of agriculture and food production.
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 our integrated business model and a worldwide presence of around 16,000 employees and operations in over 60 countries, we offer a proven track record of responsible and reliable returns. In 2020, Yara reported revenues of USD 11.6 billion.
www.yara.com
This information is subject to the disclosure requirements pursuant to MAR article 19.
