Nordhealth AS: Granting of performance-based options to executive management and key employees
Nordhealth AS: Granting of performance-based options to executive management and key employees
Helsinki, Finland, 30 September 2025: The board of Nordhealth AS (the "Company")
has today approved the allocation of a maximum of 7,217,260 options linked to
the Company's shares under an incentive scheme (the "Options") to members of the
Company's executive management and key employees.
The Options vest based on a combination of time-based and share price-based
performance. The time-based vesting is quarterly, over 4 years (1-year cliff).
The performance-based vesting requires a minimum of 11% annual compounding
growth in the share price from the start date (i.e. 10% or less annual growth
means no options vest). The maximum Options vest if 25% or higher compounding
share price growth has been achieved. There is a linear increase in vesting
between 10% and 25%.
The vested Options may be exercised in designated exercise windows during a five
year period subject to a possible extension of three additional years. The
settlement of the Options may consist of shares on a one-for-one basis and/or
cash at the discretion of the Company.
The following primary insiders and a close associate have been granted Options:
· Charles MacBain, CEO of the Company, was granted a maximum of 2,405,753
Options.
· Alexander Cram, CFO of the Company, was granted a maximum of 1,202,877
Options.
· A1KW B.V., a close associate of Karan Wallia, Therapy BU CEO, was granted a
maximum of 2,405,753 Options.
Please refer to the attached notifications of trading for further details.
For further information, please contact:
Charles MacBain, CEO [email protected] +44 75 3903 2200
Alexander Cram, CFO [email protected] +32 470 69 30 20
This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.
About Nordhealth
Nordhealth is a publicly listed, fast-growing cloud-based healthcare SaaS
company on a mission to redefine digital healthcare. We build software that
empower veterinary and therapy professionals to provide the best possible care
experiences to their patients. Our products serve more than 60,000 veterinary
and therapy professionals across 13,000 clinics and hospitals located in over 30
countries.
Headquartered in Helsinki, Finland, Nordhealth has a solid footprint in the
Nordic region and a growing presence internationally, with 400 employees working
either remotely or from offices (collaboration hubs). Visit the company's
website at nordhealth.com (http://www.nordhealth.com).