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Airthings — Share Issue/Capital Change 2022
Jul 15, 2022
3524_rns_2022-07-15_3f39bfb5-8e92-498a-a077-328506c7f90c.html
Share Issue/Capital Change
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Airthings ASA – Exercise of share options
Airthings ASA – Exercise of share options
On July 15, 2022, employees in Airthings ASA ("the Company") have exercised 160 109 options. The options had an average strike price of NOK 1.1864. Each share option corresponds to one share.
Pursuant to authorization granted by the Company’s annual general meeting, the board of directors has resolved to increase the Company’s share capital by NOK 1 601.09 through the issuance of 160 109 new shares of par value NOK 0.01. Following this increase, the Company’s share capital is NOK 1 730 091.46 divided into 173 009 146 shares outstanding, each with a nominal value of NOK 0.01. In utilizing its authorization, the board of directors has resolved to set aside existing shareholders' pre-emptive rights to subscribe the new shares in order to satisfy the Company's obligations under its option program.
Options exercised by related party of primary insider July 15, 2022, are the following:
A related party of primary insider Chief Executive Officer Øyvind Birkenes, has exercised 62 600 options, corresponding to 62 600 shares at the strike price of NOK 0.51.
For more information, please contact:
Jeremy Gerst, CFO
+47 455 11 103