REC ASA - Primary insiders transactions
Sandvika, August 14, 2009; primary insider Tore Torvund (Executive Vice President, REC Silicon) has today purchased 4 300 shares in Renewable Energy Corporation ASA at an average price of NOK 46,32 per share. After this transaction Mr. Torvund and related parties holds 9 579 shares and 88 530 share options in the company.
REC is the leading vertically integrated player in the solar energy industry. REC Silicon and REC Wafer are among the world's largest producers of polysilicon and wafers for solar applications. REC Solar is a rapidly growing manufacturer of solar cells and modules, and are also engaging in project development activities in selected segments of the PV market. REC had revenues of NOK 8 191 million and an operating profit of NOK 2 529 million in 2008. Close to 3 000 employees work in REC's worldwide organization. Please also see www.recgroup.com