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Green Hydrogen Systems Remuneration Information 2022
3401_iss_2022-04-19_bafd0243-8f86-4823-ba84-790453e283d5.pdf
Remuneration Information
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Company announcement 5/2022
Grant of performance share units (PSUs) and reporting of transactions in accordance with Article 19 of the Market Abuse Regulation
Kolding, Denmark, 19 April 2022 – In accordance with Green Hydrogens Systems A/S' ("Green Hydrogens Systems") Remuneration Policy, Green Hydrogens Systems has today granted 24,811 performance share units ("PSUs") to its CFO, Ole Vesterbæk (the "CFO") in accordance with the long-term incentive scheme for Green Hydrogen Systems' executive management. Moreover, a total of 48,468 additional PSUs have been granted to certain other employees of Green Hydrogen Systems.
The PSUs are awarded free, and assuming that the PSUs vest and do not lapse, each PSU entitles the holder to receive on Green Hydrogen Systems share at the time of vesting.
The PSUs will vest one to two weeks after the publication of Green Hydrogen Systems' annual report for the financial year 2024.
The total value of the granted PSUs based on the average Green Hydrogen Systems share trading price on the dates 6, 7, 8, 11 and 12 April 2022 is DKK 2,584,761 of which the value of the PSUs granted to the CFO is DKK 687,513.
For more info please contact:
Investors: Jens Holm Binger, Head of IR, +45 6065 6525, [email protected]
Transactions made by persons discharging managerial responsibilities:
Pursuant to the Market Abuse Regulation article 19, Green Hydrogen Systems hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Green Hydrogen Systems and persons closely associated with them in Green Hydrogen Systems' shares and other financial instruments linked thereto in connection with the grant of PSUs:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||
|---|---|---|---|---|
| a) | Name | Ole Vesterbæk | ||
| 2. | Reason for the notification | |||
| a) | Position/status | Chief Financial Officer and member of the executive management of | ||
| Green Hydrogen Systems A/S | ||||
| b) | Initial | Initial notification | ||
| notification/amendment | ||||
| 3. | Details of the issuer, emission, allowance market participant, auction platform, auctioneer or | |||
| auction monitor | ||||
| a) | Name | Green Hydrogen Systems A/S | ||
| b) | LEI | 984500COESDF699DEC11 | ||
| 4. | Details of the transaction(s): | |||
| a) | Description of the | Performance share units (PSUs) related to shares in Green Hydrogen | ||
| financial instrument, | Systems A/S | |||
| type of instrument | ||||
| Identification code | DK0061540341 | |||
| b) | Nature of the transaction | Award of PSUs in connection with long-term incentive program | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| DKK 0 | 24,811 | |||
| d) | Aggregated information | |||
| – Aggregated volume | ||||
| – Price | ||||
| e) | Date of the transaction | 19 April 2022 | ||
| f) | Place of the transaction | Outside a trading venue |