UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For December 9, 2016
Commission File Number: 001-36275
Marine Harvest ASA
(Translation of registrant's name into English)
P.O. Box 4102 Sandviken
5835 Bergen, Norway
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On December 9, 2016, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
(c) Exhibit 99.1. Press release dated December 9, 2016
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Marine Harvest ASA | ||
| (Registrant) | ||
| Date: December 9, 2016 | /s/ Ivan Vindheim | |
| Ivan Vindheim | ||
| Chief Financial Officer | ||
EXHIBIT 99.1
Marine Harvest (OSE:MHG, NYSE:MHG): Share purchase programme for employees in Marine Harvest
BERGEN, Norway, Dec. 09, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Marine Harvest ASA (the "Company") has resolved to offer all permanent employees in the Company and its Norwegian, Scottish and Canadian subsidiaries the opportunity to purchase shares in the Company at a discounted price.
The offer to the employees is based on the average purchasing price for the Company's shares on 8 December 2016 of NOK 150.5040 per share.
The Norwegian Tax Act §5-14 provides Norwegian employees with a right to purchase shares with a discount of up to NOK 1,500 in such offer. Based on the above, eligible employees in Norway have been given two alternative offers. Alternative 1 is the purchase of 50 shares at a value of approximately NOK 7,500 with a tax-free discount of NOK 1,500 at a purchase price around NOK 6,000. Alternative 2 is the purchase of 100 shares at a value of approximately NOK 15,000 with a tax-free discount of NOK 1,500 and a taxable discount of NOK 1,500, at a purchase price around NOK 12,000.
Eligible employees in Scotland and Canada were given the same offers, however without any element of tax-free discount.
At the end of the acceptance period, the Company had received acceptances of these offers from 590 employees for a total of 55,900 shares. In order to comply with its obligation in relation to the acceptances received, the Company has, on 8 December 2016, purchased 55,900 shares in the market at an average price of NOK 150.5040. In total 55,900 shares will be sold to the employees having accepted to participate in the share program on the terms referred to above.
In addition to the above mentioned transaction, Glenn Flanders, Chief Strategy Officer, has purchased 100 American Depositary Receipts ("ADR") at NYSE at an average price of USD 17.9231 per share. He has purchased such ADR's on the same terms and conditions offered to eligible Marine Harvest employees in Scotland and Canada.
The following primary insiders in the company have been allocated shares according to the above and have, following this and adjustments for dividends paid, the following number of shares and options in the company:
| Shares acquired | Total number of | Total options | |
| Name | on 8 December | shares owned | allotted |
| Alf-Helge Aarskog (CEO) | 100 | 38 670 | 2 260 865 |
| Ivan Vindheim (CFO) | 100 | 760 | 458 422 |
| Marit Solberg (COO Farming) | 100 | 12 913 | 458 422 |
| Ola Brattvoll (COO Sales & Marketing) | 100 | 9 331 | 458 422 |
| Ben Hadfield (COO Fish Feed) | 100 | 6 970 | 380 540 |
| Øyvind Oaland (Global Director R&D) | 100 | 4 488 | 51 921 |
| Glenn Flanders (Chief Strategy Officer) | 100 | 100 | 0 |
| Anne Lorgen Riise (Global Director HR) | 100 | 458 | 51 921 |
| Kristine Gramstad Wedler (Communications Director) | 100 | 236 | 0 |
| Ola Helge Hjetland (Chief Communications Officer) | 100 | 252 | 0 |
| Kim Galtung Døsvig (Investor Relations & Head of Treasury) | 100 | 236 | 0 |
| Kristian Ellingsen (Group Accounting Director) | 100 | 100 | 0 |
| Lars Eirik Hestnes (Board member, employee representative) | 100 | 236 | 0 |
| Unni Sværen (Board member, employee representative) | 100 | 247 | 0 |
This information is subject to the disclosure requirements pursuant to section 4-2 and 5-12 of the Norwegian Securities Trading Act.
Ivan Vindheim, CFO, Mobile: +47 958 71 310
Kim Galtung Døsvig, IR Officer & Head of Treasury, Mobile: +47 908 76 339