Økokrim stated in a press release that they have charged three men in connection with unlawful insider purchase of shares in a Norwegian oil company.
According to TDN Finans will involve two employees in Rocksource, and a third person who has received information from one of these.
Økokrim believes two of the three should have been unjustly access to information at their employer on the results of test drilling of an exploration well on the arrow field in the Norwegian Sea.
The information was related to that it was proven hydrocarbons in exploration well. The third person who was not employed by the oil company to have received such information from one co-defendants.
All three were aware that the information they received was not publicly known and could lead to price increases in the shares.
Nevertheless, two of the defendants have bought shares in the oil company for respectively 26 500 and 800 000.
After the oil company said in a stock exchange release on 6 March 2014 announced an oil and gas discovery in the exploration well, the price of its shares by 117 percent.
The two are accused of illegal insider trading. In addition, one of these also charged with attempted illegal insider trading and gross negligence in his capacity as CEO and chairman (enestyre) in a private corporation.
The third person who was employed by the oil company and gave information on are prosecuted for incitement to insider trading.
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