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Airthings — Share Issue/Capital Change 2022
May 6, 2022
3524_rns_2022-05-06_733178d8-99bb-49d4-b552-5df28ed865c4.html
Share Issue/Capital Change
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Airthings ASA – Exercise of share options
Airthings ASA – Exercise of share options
On May 6, 2022, employees in Airthings ASA ("the Company") have exercised 482 200 options. The options had an average strike price of NOK 1,07. 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 4 822.00 through the issuance of 482 200 new shares of par value NOK 0.01. Following this increase, the Company’s share capital is NOK 1 728 490,37 divided into 172 849 037 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 primary insiders May 6, 2022 are the following:
Øyvind Birkenes has exercised 300 000 options, corresponding to 300 000 shares at the strike price of NOK 0,51. After exercising options, Øyvind Birkenes, privately and through Longfellow Invest AS (100% ownership) holds 3 124 114 shares and 1 786 600 unexercised options in the Company.
Anlaug Gårdsrud Underdal has exercised 5 000 options, corresponding to 5 000 shares at the strike price of NOK 0,70. After exercising options, Anlaug Gårdsrud Underdal holds 51 000 shares and 62 800 unexercised options in the Company.
For more information, please contact:
Jeremy Gerst, CFO
+47 455 11 103