Bergen Carbon Solutions AS has on May 23rd granted 470,000 stock options to employees at a strike price of NOK 3.2186 per share. The strike price for the options granted is based on the volume-weighted average price for the 10 trading days before award date.
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First 30% of the vested options can be exercised after two years, remaining 70% can be exercised after three years. Expiry date for all options is after five years (May 2030). Each stock option corresponds to one share.
The following primary insiders of Bergen Carbon Solutions have been awarded stock options as part of the grant:
• Odd Strømsnes, CEO: 40,000 options
• Karina Brudeseth, CFO: 40,000 options
• Fredrik Øksnes, CCO: 40,000 options
• Håvard Husby, Technology Manager: 40,000 options
• Wenting Xu, Technology Manager: 40,000 options
After this award:
• Strømsnes, CEO, holds 440,000 stock options and 30,000 shares
• Brudeseth, CFO, holds 205,000 stock options
• Øksnes, CCO, holds 205,000 stock options
• Husby, Technology Manager, holds 205,000 stock options, and 20,000 shares
• Xu, Technology Manager, holds 70,000 stock options
in Bergen Carbon Solutions AS.
Bergen Carbon Solutions have granted a total of 2,299,000 stock options under the program to employees and primary insiders.
ENDS
For further information, please contact:
Odd Strømsnes, CEO os@bergencarbonsolutions.com + 47 480 88 571
Karina Brudeseth, CFO, karbru@bergencarbonsolutions.com, +47 413 43 381
This information is subject to the disclosure requirements in articles 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
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