Share Issue/Capital Change • May 20, 2020
Share Issue/Capital Change
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Fjordkraft Holding ASA: Exercise of employee share options
Exercise of employee share options in Fjordkraft ASA ("the Company").
Employees in the Company have on 19 May 2020 exercised 14 000 options. The options had an average strike price of NOK 27.80. 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 4 200 by issuing 14 000 new shares, of par value NOK 0.30. Following the increase, the Company’s share capital is NOK 31 375 864.80 divided into 104 586 216 shares.
On 19 May 2020, the employees referred to above transferred the rights to receive shares resulting from the exercise of options to a third party
The payment has been determined based on a selling price of NOK 77.5024
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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