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Carasent — Share Issue/Capital Change 2019
Nov 13, 2019
3568_rns_2019-11-13_1ce55c82-3044-44c8-bad0-854f460de1ca.html
Share Issue/Capital Change
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NEW STOCK OPTION PROGRAM
NEW STOCK OPTION PROGRAM
STOCK OPTION PROGRAM
In order to keep and attract new employees, the Board in Carasent ASA has approved a stock option program. The options will be structured as warrants based on market value and will have a strike of price of 150 %. The option program will be for 2 million new shares. The options will have a three years term and will be exercisable after three years. The option program is issued by the Board under the current authorisation to increase the share capital granted by the General Assembly in May 2019. When exercised, the Board has the right to pay the option holder cash instead of issue shares. The option program will not have any tax consequences for the Company.