Oslo, 11 November 2021: Reference is made to the announcements by LINK Mobility Group Holding ASA (“LINK Mobility” or the “Company”) on 20 October 2020 regarding the Company’s RSU program.
In accordance with the vesting plan for the Company’s RSU program, 40% of the RSUs granted under the RSU program shall be exercisable into shares upon the first anniversary of the Company’s listing. Participants in the RSU program have on 11 November 2021 exercised a total of 1,507,628 RSUs, resulting in a net settlement of a total of 1,235,424 new shares to be issued by the Company. Other than the nominal value of the shares, no payment is required by the RSU holder upon exercise. A total of 2,261,444 RSUs remain under the RSU program with 1,130,722 RSUs being exercisable on each of the second and third anniversary of the Company’s listing.
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Following the RSU exercise, the Board of Directors have pursuant to authorization granted by the Company’s Annual General Meeting 26 May 2021, today resolved to increase the Company’s share capital with NOK 6,177.12 by issuing 1,235,424 new shares, each with a nominal value NOK 0.005.
Following the share capital increase, the Company’s share capital is NOK 1,467,695.34 divided into 293,539,068 shares.
Exercise of RSUs by primary insiders
Guillaume Van Gaver, CEO of the Company, has exercised 494,883 RSUs, corresponding to 494,883 shares. Following completion of the share capital increase, Guillaume Van Gaver will hold 698,893 shares in the Company. In addition, Guillaume Van Gaver holds 742,324 RSUs and 220,000 LTI share options.
Thomas Berge, CFO of the Company, has exercised 351,510 RSUs, corresponding to a net settlement of 182,786 shares. Following completion of the share capital increase, Thomas Berge will hold 182,786 shares in the Company. In addition, Thomas Berge holds 527,264 RSUs and 118,000 LTI share options.
Søren Sundahl, observer to the Board of Directors, has exercised 81,801 RSUs, corresponding to 81,801 shares. Following completion of the share capital increase, Søren Sundahl (directly and indirectly through Sundahl ApS) will hold 9,221,043 shares in the Company. In addition, Søren Sundahl holds 122,700 RSUs and 86,000 LTI share options.
Primary insider notifications pursuant to the EU Market Abuse Regulation Article 19 are attached.
For further information, please contact
Tom Rogn, VP Investor Relations
+47 94 85 56 59
tom.rogn@linkmobility.com
About LINK Mobility
LINK is a leading global provider of mobile messaging and communications platform as a service (CPaaS) solutions for increased engagement. The company serves enterprise, SME, and government customers. LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, governments and citizens, platforms and users. LINK has 47,000 customer accounts globally and exchanges more than 10 billion messages a year. LINK is listed on the Oslo Stock Exchange under the ticker LINK. For more information about LINK, please see www.linkmobility.com
This information is subject to the disclosure requirements pursuant to the EU Market Abuse Regulation Article 19 and Section 5-12 of the Norwegian Securities Trading Act.
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