Mandatory notification of trade primary insiders. Company announcement No. 43

On 14th December 2021 Y-Not ApS, a company closely associated to PDMR Klaus Jensen, purchased 25,000 shares in ECIT AS at a price NOK 7.57440 per share. After the transaction Klaus Jensen’s total number of shares, including the shares owned by persons closely associated to him, is 14,890,253 shares. 

On 14th December 2021 Molund Invest AS, a company closely associated to PDMR Lise Molund, purchased 6,500 shares in ECIT AS at a price NOK 7.70000 per share. After the transaction Lise Molund’s total number of shares, including the shares owned by persons closely associated to her, is 124,000 shares.

On 14th December 2021 Lundberg Holding AS, a company closely associated to PDMR Tove Christine Lundberg Larsen, purchased 7,000 shares in ECIT AS at a price NOK 7.78000 per share. After the transaction Tove Christine Lundberg Larsen’s total number of shares, including the shares owned by persons closely associated to her, is 509,226 shares.

On 15th December 2021 Yttreeide AS, a company closely associated to PDMR Morten Yttreeide, purchased 100,000 shares in ECIT AS at a price NOK 1.50000 per share. After the transaction Morten Yttreeide’s total number of shares, including the shares owned by persons closely associated to him, is 350,000 shares. The shares are purchased under the Share Incentive Scheme (based on the Norwegian “Kruse Smith model”) as described in company announcement no. 24. Shares purchased under the Share Incentive Scheme has lock-up and other sales restrictions applied. 


Transaction Date Buyer (PCA) PDMR Shares NOK per share
14.12.2021 Y-Not ApS Klaus Jensen 25,000 7.57440
14.12.2021 Molund Invest AS Lise Molund 6,500 7.70000
14.12.2021 Lundberg Holding AS Christine L. Larsen 7,000 7.78000
15.12.2021 Yttreeide AS Morten Yttreeide 100,000 1.50000

About ECIT

ECIT was founded in 2013 and supports a large customer base with Accounting, Payroll and a broad range of IT services and solutions. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of being a larger international group. ECIT has a proforma revenue (2021) of 2.55 billion NOK and +2,200 employees across 10 countries. M&A has been a driver of the Company's growth and ECIT has completed more than 125 acquisitions since 2013.

Read more at: www.ecit.com