In the extraordinary general meeting held on
Pursuant to such authorization, the Board of Directors have now granted 3,000,000 share options to an employee. The share options vest and may be exercised over a period of two years, calculated from
In addition, the Board has resolved to amend the strike prices of a total of 9 million share options previously granted, held by 3 employees with 3 million share options each. The strike prices of these options are now as set out below:
- 4.5 million share options, vesting on the date falling 1.5 year after their grant date, hold a strike price of
NOK 4.00 ; -
2.25 million share options, vesting on the date falling 2 years after their grant date, hold a strike price of
NOK 5.00 ; -
2.25 million share options, vesting on the date falling 3 years after their grant date, hold a strike price of
NOK 6.00 .
Following this, the Company has a total of 30 million share options outstanding. The share options have a vesting period of three years from their respective grant date, and with strike prices varying between
For additional information, please contact:
Bjørn Simonsen, CEO, +47 97 17 98 21
Espen Lundaas, CFO, +47 92 43 14 17
About
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
https://news.cision.com/saga-pure-asa/r/saga-pure-asa---grant-of-share-options---amendments-to-previously-granted-share-options,c3483232
https://mb.cision.com/Public/20232/3483232/a5582b8a8c8fd1fa.pdf
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