Solar A/S
No. 5 2014 Exercise of options in Solar A/S

Solar A/S 

19.03.2014 09:42

Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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Under Section 28a of the Danish Securities Trading Act, Solar is required to
report any trading in Solar A/S shares and related securities of supervisory or
executive board members, Solar Management Team members and related parties. 

In 2010, the Board of Directors granted share options to executive management
employees, and a number of these employees are now exercising their respective
options. At the date of grant in 2010, the exercise price was fixed at DKK
370.04. Settlement price in 2014 is determined at DKK 380.64. 

Solar announces the transactions below under ID code DK0010274844 Solar B based
on the reports the persons in question have given Solar. All transactions
relate to the exercise of share options (cash settlement). 



Name                   Reason / relation   No.   Cash settlement in DKK
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Solar Management Team                                                  
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Dariusz Targosz        CED, Solar Polska    669  7,091                 
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Jan Willy Fjellvær     CED, Solar Norge   2,316  24,550                
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Former member of the Solar Management Team
Former members of the Solar Management Team have exercised a total of 4,556
share options, equating total cash settlement of DKK 48,294. 

This means that 9,370 share options outstanding remain from the grant year 2010.



Yours faithfully
Solar A/S

Charlotte Risskov Kræfting



Solar facts
Solar A/S was established in 1919 and listed on the Copenhagen Stock Exchange
in 1953. Solar is one of Northern Europe's leading technical wholesalers within
electrical, heating, plumbing and ventilation products. The group, based in
Kolding, Denmark, has subsidiaries in Denmark incl. the Faroes, Sweden, Norway,
the Netherlands, Belgium, Germany, Poland and Austria. In 2013, Solar Group
revenue totalled EUR 1,531.5m, equating DKK 11.4bn. The group currently has some
3,300 employees. 

For more information, please visit www.solar.eu.



Disclaimer
This announcement was published in Danish and English today via NASDAQ OMX
Copenhagen. In case of any discrepancy between the two languages, the Danish
version shall prevail.
News Source: NASDAQ OMX



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Language:     English
Company:      Solar A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010274844
WKN:          
 
End of Announcement                             DGAP News-Service
 
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