Announcement no. 24 - 2007/08 December 19, 2007
REPORTING OF TRADING IN THRANE & THRANE SHARES
Pursuant to section 28a of the Danish Securities Trading Act, Thrane & Thrane
is required to submit information on transactions in Thrane & Thrane shares and
related securities by management employees and their related parties.
The statement is based on the reports received by Thrane & Thrane from members
of the company's Board of Directors and Management Board as well as other
management employees.
See statement in the attached pdf.
Furthermore, other Thrane & Thrane employees have exercised 3,042 warrants. The
subscription price of the shares was DKK 170.3 resulting in proceeds to Thrane
& Thrane of DKK 517,922.
The average subscription price of the warrants exercised was DKK 157.9,
resulting in proceeds to Thrane & Thrane of 944,810 DKK. Following the
exercise, 448,180 warrants remain outstanding, corresponding to 8.1% of the
share capital.
For further information, please contact
John Alexandersen, VP Corporate Communications
Tel.: +45 39 55 88 35 or + 45 22 72 38 22
E-mail: investor@thrane.com
About Thrane & Thrane
Thrane & Thrane is the world's leading manufacturer of equipment and systems
for global mobile communication based on sophisticated satellite and radio
technology. Since its incorporation in 1981, the company has established a
strong position within global mobile communication solutions based on the
Inmarsat system, and today Thrane & Thrane provides equipment for maritime,
land-based and aeronautical use. The company's communication products are sold
throughout the world under the brands Thrane & Thrane, EXPLORER® and SAILOR®
through distributors and partners and as OEM products. Thrane & Thrane has
approximately 750 employees and is listed on OMX The Nordic Exchange in
Copenhagen. More information about Thrane & Thrane A/S at www.thrane.com.
