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Cyviz AS (the “Company”) has launched a combined share purchase and option
program (the “Program”) for employees. The Program gave employees the right to
subscribe for shares in the Company with an 11% discount of the volume-weighted
average trading price of the Company’s shares during a subscription period that
started on 30 August 2024 and ended on 13 September 2024 at 16:30 hours (CEST),
which equals a subscription price of NOK 27.44 per share. The shares are subject
to a 12-month lock-up period during which the shares are restricted from sale.
Moreover, every fourth share acquired by an employee under the Program that is
still held on January 15, 2026, gives the employee an option to acquire one
additional share in the Company at the nominal value of the shares, NOK 1.10,
contingent on the employee still being employed with the Company.
In total, 54,964 shares were subscribed and have been allocated by the Company’s
board of directors to employees under the Program. In addition to this, a former
employee in the Company has exercised 20,000 options, giving the right to
subscribe for 20,000 shares in the Company at a strike price of NOK 26.70.
On this background, the Company’s board of directors has resolved to issue
74,964 new shares in the Company and increase the Company’s share capital by NOK
82,460 in accordance with the board authorization to increase the Company’s
share capital in connection with share incentive programs granted by the
Company’s annual general meeting on 16 May 2024.
Following registration of the share capital increase with the Norwegian Register
of Business Enterprises, the Company’s new share capital will be NOK 14,256,614
divided on 12,969,558 shares each with a nominal value of NOK 1.10. The share
capital increase will be registered with the Norwegian Register of Business
Enterprises as soon as practically possible after the share contributions have
been paid in full.
The following primary insiders in the Company subscribed for and have been
allocated shares, and has the right to options on the terms described above,
under the Program:
- CEO Espen Gylvik is allocated 7,288 shares and 1,822 options
- CPCO Ellen Kristine Lie Lome is allocated 10,932 shares and 2,733 options
- CFO Karl Peter Gombrii is allocated 3,644 shares and 911 options
- CSO Business Development Javier Colado is allocated 1,822 shares and 455
options
- EVP Business Development & Strategy Peter Stewart is allocated 3,644 shares
and 911 options
- EVP North-America Christopher Lewis is allocated 1,166 shares and 291 options
- VP Sales Northern Europe Jan Petter Lie is allocated 1,822 shares and 455
options
Further details of the primary insiders’ participation in the Program are set
out in the attached notifications.
This information is subject to disclosure requirements pursuant to Section 5-12
of the Norwegian Securities Trading Act and article 19 of the EU Market Abuse
Regulation.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
CONTACTS
ABOUT CYVIZ
About Cyviz
Cyviz is a global technology provider for comprehensive conference and control
rooms as well as command and experience centers. Since 1998, we have created
next level collaboration spaces, assuring inclusive meeting experiences for in
person and remote attendance.
Cyviz serves global enterprises and governments with the highest requirements
for usability, security, decision making and quality. The cross-platform
experience Cyviz delivers to manage and control systems and resources across the
enterprise, makes Cyviz the preferred choice for customers with complex needs.
Find out more on www.cyviz.com - http://www.cyviz.com or visit one of our Cyviz
Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo,
Paris, Riyadh, Singapore, Stavanger, or Washington DC.
Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ).
ATTACHMENTS
Cyviz AS - PDMR notifikasjonsskjema PS.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18242846/4966/Cyviz%20AS%20-%20PD
MR%20notifikasjonsskjema%20PS.pdf
Cyviz AS - PDMR notifikasjonsskjema KPG.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18242846/4967/Cyviz%20AS%20-%20PD
MR%20notifikasjonsskjema%20KPG.pdf
Cyviz AS - PDMR notifikasjonsskjema JPL.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18242846/4968/Cyviz%20AS%20-%20PD
MR%20notifikasjonsskjema%20JPL.pdf
Cyviz AS - PDMR notifikasjonsskjema JC.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18242846/4969/Cyviz%20AS%20-%20PD
MR%20notifikasjonsskjema%20JC.pdf
Cyviz AS - PDMR notifikasjonsskjema EKLL.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18242846/4970/Cyviz%20AS%20-%20PD
MR%20notifikasjonsskjema%20EKLL.pdf
Cyviz AS - PDMR notifikasjonsskjema EKG.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18242846/4971/Cyviz%20AS%20-%20PD
MR%20notifikasjonsskjema%20EKG.pdf
Cyviz AS - PDMR notifikasjonsskjema CL.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18242846/4972/Cyviz%20AS%20-%20PD
MR%20notifikasjonsskjema%20CL.pdf
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