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Elmera Group ASA

Share Issue/Capital Change May 18, 2021

3591_rns_2021-05-18_d6746a0c-b789-46b9-a9e4-aceddae84a08.html

Share Issue/Capital Change

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Fjordkraft Holding ASA: Exercise of employee share options

Fjordkraft Holding ASA: Exercise of employee share options

Exercise of employee share options in Fjordkraft ASA ("the Company").

Employees in the Company have on 14 May 2021 exercised 16 000 options. The options had an average strike price of NOK 24.30. Each share option corresponds to one share. Pursuant to authorization granted by the Company’s Annual General Meeting the Company’s share capital will be increased by NOK 4 800 by issuing 16 000 new shares, of par value NOK 0.30. Following the increase, the Company’s share capital is NOK 34 289 340 divided into 114 297 800 shares.

The payment has been determined based on a selling price of NOK 52.7015.

No options have been exercised by primary insiders.

For further information, contact:

Morten A. W. Opdal, Head of Controlling and Investor Relations, +47 970 62 526

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