10.6.2022 14:04:40 CEST | StrongPoint | Mandatory notification of trade primary insiders
On the basis of the approval by the General Meeting on 28 April 2022 to authorize the Board of Directors of StrongPoint ASA (the ‘Company’, OSE ticker “STRO”) to issue shares to employees under a long-term incentive program, the Board of Directors has resolved to issue share options to key employees in the Company.
A total of 50,000 options for shares in the Company have been distributed amongst the employees. The number of options granted corresponds to 0.1% of the outstanding number of shares in the Company. Each option gives the right to acquire one share in the Company. The options are granted without consideration. Pursuant to the vesting schedule, 25% of the options will vest one year after the day of grant, 25% of the options will vest two years after the day of grant and the remaining 50% will vest three years after the day of grant (vesting is dependent on the option holder still being employed in the Company). The exercise price for all options granted is NOK 20.53 per share. Options that are not exercised within 5 years from the date of grant will lapse and become void.
This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.
Contacts
Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158, hilde.gilen@strongpoint.com
Attachments
Download announcement as PDF.pdf
