Director's Dealing • Apr 17, 2023
Director's Dealing
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Desert Control AS – Sale of shares by board member
Sandnes, Norway, 17 April 2023: A member of the board of directors in Desert Control AS ("Desert Control" or the "Company") have on 17 April 2023 sold shares in the company.
Brage Johansen, a member of the board of directors of the Company, has through Beyond Centauri AS sold 300 000 shares in the Company at an average price of NOK 13.97. The sale is primarily to settle tax obligations. Following the transaction, Beyond Centauri holds a total of 943 371 shares in the Company.
Primary insider notification pursuant to the market abuse regulation article 19 is attached.
For further information, please contact:
Marianne Vika Bøe, Chief Financial Officer
+ 47 406 36 356
About Desert Control
Desert Control specializes in climate-smart AgTech solutions to combat desertification, soil degradation, and water scarcity. Its patented Liquid Natural Clay (LNC) restores and enhances soil ecosystems to reduce water usage and improve the efficiency of fertilizers and natural resources for agriculture, forests, and green landscapes. LNC enables sandy and arid soil to retain water and nutrients, thus increasing crop yields, plant health, and ecosystem resilience while preserving water and natural resources by up to 50%.
For more about Desert Control, visit https://www.desertcontrol.com
This information is subject to the disclosure requirements pursuant to the market abuse regulation article 19.
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