Elliptic Labs 1

[TekBot]

Elliptic Labs Granting of Share Options to Board of Directors, Mandatory Notifications of Trade

Oslo, Norway – Elliptic Labs (ELABS.OL), a global AI software company and
leader in Virtual Smart Sensors, has issued an update regarding the granting
of share options to the Board of Directors.
…

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In accordance with the resolution made at the Annual General Meeting (AGM)
held on May 22, 2024. The board of directors has resolved to grant a total of
158,000 share options to certain members of the Board.

Each option, when exercised, carries the right to acquire one share in the
Company. The strike price for these options is NOK 15.78, which is the 10-day
average volume-weighted share price prior to calling the 2024 AGM. The price
of the Options to the Board is based on the Black & Scholes model.

With this new grant, the total number of options outstanding in the Company
now permits employees, management and Board of directors to potentially
acquire up to 6,565,476 shares in aggregate, which is approximately 5.9% of
the total diluted share capital.

Grant Details:

• Svenn Tore Larsen (Chair) has been granted 56,000 share options. Following
  the grant, Larsen holds 56,000 share options in the Company.
• Ingrid Leisner (Member) has been granted 34,000 share options. Following the
  grant, Leitner holds 34,000 share options in the Company.
• Berit Svendsen (Member) has been granted 34,000 share options. Following the
  grant, Svendsen 34,000 share options and 18,000 shares at the Company
• Svein Egil Nielsen (Member) has been granted 34,000 share options. Following
  the grant, Nielsen holds 34,000 share options in the Company.

Edvin Austbø (Member) has chosen not to receive options. He will receive the
standard remuneration of 300,000 NOK in accordance with the resolution made at
the Annual General Meeting.

Structure:
The Options will have a vesting period until the date that is 12 months after
the date of the 2024 AGM (“Vesting Date”) and can only be exercised between
the Vesting Date and the date that is 24 months after the date of the 2024 AGM
(“Expiry Date”). In the event a member of the Board resigns or is not
re-elected prior to the Vesting Date, the Options will be forfeited except a
number of Options representing the period served since the 2024 AGM until the
date of resignation pro rata in relation to the period from the 2024 AGM until
the Vesting Date.

Contacts
Investor Relations:
Lars Holmøy
Lars.Holmoy@ellipticlabs.com

PR Contact:
Patrick Tsui
pr@ellipticlabs.com

About Elliptic Labs
Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT,
and automotive markets. Founded in 2006 as a research spin-off from Norway’s
Oslo University, the company’s patented software uses AI, ultrasound, and
sensor-fusion to create AI Virtual Smart Sensors that deliver intuitive 3D
gesture-, proximity-, presence-, breathing-, and heartbeat -detection
experiences. Its scalable AI Virtual Smart Sensor PlatformTM creates
software-only sensors that are sustainable, human-friendly, and already
deployed in hundreds of millions of devices around the world. Elliptic Labs is
the only software company that has delivered detection capabilities using AI
software, ultrasound, and sensor-fusion deployed at scale. The company is
listed on the Oslo Børs.

Elliptic Labs is headquartered in Norway with presence in the USA, China,
South -Korea, Taiwan, and Japan. Its technology and IP are developed in Norway
and are solely owned by the company.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2024-05-31 15:35 CEST.

Kilde

[Staylong]

Styremedlemmene hadde et valg om hvordan de ønsket å bli avlønnet. 100% cash eller 50% cash “50%” opsjoner. Positivt at de velger opsjoner.

[hitshaaaa]

Ja kun Edvin Austbø, som ønsker cash istedet. Men han er riktignok den største aksjonæren med aksjer gjennom 2 selskaper i Elabs.

[TekBot]

Correction: Elliptic Labs Granting of Share Options to Board of Directors, Mandatory Notifications of Trade

Changed Type of transaction to Acceptance of stock option and Description of
the financial instrument, type of instrument to Financial Instrument linked to
a share or a debt instrument in the attachment Elliptic Labs - notification of
…

Vis børsmeldingen

transaction by primary insider

Oslo, Norway – Elliptic Labs (ELABS.OL), a global AI software company and
leader in Virtual Smart Sensors, has issued an update regarding the granting
of share options to the Board of Directors.

In accordance with the resolution made at the Annual General Meeting (AGM)
held on May 22, 2024. The board of directors has resolved to grant a total of
158,000 share options to certain members of the Board.

Each option, when exercised, carries the right to acquire one share in the
Company. The strike price for these options is NOK 15.78, which is the 10-day
average volume-weighted share price prior to calling the 2024 AGM. The price
of the Options to the Board is based on the Black & Scholes model.

With this new grant, the total number of options outstanding in the Company
now permits employees, management and Board of directors to potentially
acquire up to 6,565,476 shares in aggregate, which is approximately 5.9% of
the total diluted share capital.

Grant Details:

• Svenn Tore Larsen (Chair) has been granted 56,000 share options. Following
  the grant, Larsen holds 56,000 share options in the Company.
• Ingrid Leisner (Member) has been granted 34,000 share options. Following the
  grant, Leitner holds 34,000 share options in the Company.
• Berit Svendsen (Member) has been granted 34,000 share options. Following the
  grant, Svendsen 34,000 share options and 18,000 shares at the Company
• Svein Egil Nielsen (Member) has been granted 34,000 share options. Following
  the grant, Nielsen holds 34,000 share options in the Company.

Edvin Austbø (Member) has chosen not to receive options. He will receive the
standard remuneration of 300,000 NOK in accordance with the resolution made at
the Annual General Meeting.

Structure:
The Options will have a vesting period until the date that is 12 months after
the date of the 2024 AGM (“Vesting Date”) and can only be exercised between
the Vesting Date and the date that is 24 months after the date of the 2024 AGM
(“Expiry Date”). In the event a member of the Board resigns or is not
re-elected prior to the Vesting Date, the Options will be forfeited except a
number of Options representing the period served since the 2024 AGM until the
date of resignation pro rata in relation to the period from the 2024 AGM until
the Vesting Date.

Contacts
Investor Relations:
Lars Holmøy
Lars.Holmoy@ellipticlabs.com

PR Contact:
Patrick Tsui
pr@ellipticlabs.com

About Elliptic Labs
Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT,
and automotive markets. Founded in 2006 as a research spin-off from Norway’s
Oslo University, the company’s patented software uses AI, ultrasound, and
sensor-fusion to create AI Virtual Smart Sensors that deliver intuitive 3D
gesture-, proximity-, presence-, breathing-, and heartbeat -detection
experiences. Its scalable AI Virtual Smart Sensor PlatformTM creates
software-only sensors that are sustainable, human-friendly, and already
deployed in hundreds of millions of devices around the world. Elliptic Labs is
the only software company that has delivered detection capabilities using AI
software, ultrasound, and sensor-fusion deployed at scale. The company is
listed on the Oslo Børs.

Elliptic Labs is headquartered in Norway with presence in the USA, China,
South -Korea, Taiwan, and Japan. Its technology and IP are developed in Norway
and are solely owned by the company.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2024-05-31 16:42 CEST.

Kilde

[Amina]

Så de tok ikke 100 % cash for så å kjøpe billigere aksjer på markedet?
Nå som de har valgt opsjoner må de selv ut med 15 kr per aksje om de velger å innløse de?

[KnightOwl]

nok den case jeg har oplevet flest tryk fejl meldt ud i - pinligt og uprofessionelt.

[Barcelona1986]

Ser det er flukt fra aksjen. Litt rart at storaksjonær har solgt en det i det siste…på så svake kurser…særlig siden det er en aksjonær som ikke må selge pga likviditetsbehov!¨

En annen sak: mer info fra “gravearbeid” hvor jeg legger merke til at i Q1-presentasjonen er konkurrerende priser på HW-komponenter kuttet fra USD 2.5 lav ende til USD 1.0. Dvs indikerer antagelig at det er kommet nye og billige løsninger i markedet. Spm er om disse presser prisene på Elabs HPD eller…det støtter nok SB1s estimat på USD 0.5 heller enn at det er nærmere 1.0. Likevel kan det virke som om Elabs har ment, inntil svært nylig, at de skulle kunne ligge nærmere 1.0 pga følgende logikk: “vi kan nå 500mill om vi går bredt i Lenovo alene” i tillegg til mobilene. Gi 100 mill på mobil, da har vi 400 på Lenovo. Lenovo selger ca 70-75mill enheter i et sterkt mkd inkl ca 10mill tablets som ikke er relevante for HPD. Da har vi ca 60 mill enheter årlig. Hvis vi gir 80-85% dekning som “bredt” får vi ca 50 mill enheter. Er vi på 70-75% – 45 mill. Gir snittinntekt pr enhet til ELABS for å nå 400mill hhv. 8 og 9 kroner. For 2-3 år siden var USD ca 9.5-10kr.
VIDERE noe jeg ikke helt forstår - vi “vet” jo at totalmarkedet for PC/Laptops/Tablets var ca 270 mill før det stupte til 240 i 2023. Hvorfor bruker da ELABS i sine tidligere oversikter hvor de beregner sine “verdi av markedet” hele 460 millioner? For den gang å komme til USD 1.1 - 1.8 milliarder USD gitt 100% HW-dekning ved priser på 2.5-4??? Hvis de har beregnet sine 400mill ut fra et totalmarked på 460 millioner, så er jo saken en annen…men hvor er det markedet? Noen som har gode innspill?
Det kommer litt større sammenhenger mht tall etc herfra etterhvert.
Poenget akkurat nå ift pris NOK 5.25 (halv USD) og bredt i Lenovo med hele 50 mill enheter ville ikke gi noe i nærheten av 500 mill. Så det er noe som skurrer…HÅPET er at de faktisk har en høyere pris pr enhet - ennå - i området 8-9 kroner. Vanskelig case å evaluere…

[Amina]

Ja, hva i alle dager er det passenta holder på med mon tro?? Driver å pøser ut noen tusen aksjer på det åpne markedet. Om han vil selge håper jeg han selger i bolk utenfor markedet.

[Amina]

Laila ville fått nei fra Mark Cuban

https://youtube.com/shorts/7Z4-WRmZ8j8?si=x2_BUfH1i7ToPolR

[Amina]

Jeg tror folk selger blant annet fordi det vil være behov for en emisjon.

[Aksjespar]

Kan de ha solgt noen aksjer direkte til CEO Mariano Ramirez, som også kjøpte noen aksjer for en tid tilbake?

[Aksjespar]

Og slipper nedsiderisikoen ved å eie aksjene…

[Kalleklovn]

Det vil ikke være behov for en emisjon.

[Amina]

Håper du får rett!

[Barcelona1986]

kan være sannsynlig!

[SoriaMoria]

Er det egentlig noen grunn til å tro at det blir en ny emisjon?

Fra 31.12.23 til 31.03.24 sank Cash and cash equivalents med ca. 54 millioner, men Current trade receivables økte med ca. 28 millioner.

Fra 31.03.23 til 31.03.24 sank cash og Cash and cash equivalents med ca. 16 millioner, men Current trade receivables økte med ca. 9 millioner.

De hadde 100 millioner igjen ved årsslutt. Det virker etter min mening ikke som om de kommer til å trenge en emisjon.

[Kalleklovn]

Blir ikke overrasket om det kommer noe news fra Computex som starter i helgen. Mye som skjer da

4-7 juni men noen små Events i helgen

[Hagbart78]

Merkelig opplegg fra Passenta. De solgte litt over 7.000 aksjer her og dagen. Bare en dråpe, da de har over 12 mill aksjer. Virker jo helt fjernt…

Nye tall ligger ute nå, og de har ikke solgt noe mere.

[eplesaft]

@Hagbart78

Merkelig opplegg fra Passenta.

Kan være de har lånt ut aksjer til short evt lånt ut aksjer ifm opsjonene som nå ble utstedt. Også mulig det er ifm formuesskatt/skatteoppgjør disse dager… Vanskelig å si

[Kalleklovn]