Nordic Semiconductor — Share Issue/Capital Change 2018

Feb 23, 2018

Exercise of employee share options

Exercise of employee share options

Following the market close on February 22, 2018,employees in Nordic Semiconductor ASA have exercised 51,296 share options in Nordic Semiconductor ASA.

The options contracts were granted to employees with a strike price of NOK 35.77 and a "cap" of NOK 107.31 upon cash settlement).

This options settlement will result in a cash payment of NOK 432,425 (USD 54,777) to those employees who have exercised options. All expenses related to the options exercise have already been recognized in previous quarters, and the options settlement has no net impact on the operating expenses of the company in the current or future quarters.

In addition, Nordic Semiconductor ASA has purchased 7,314 shares at an average price of NOK 44.20 that will be transferred to employees as settlement of options under the same option program.

After this transaction, the total number of options issued in Nordic Semiconductor ASA under the employee option program is 3,069,053.

Among the employees that exercised options no primary insider participated:

For more information, please contact:

Pål Elstad, CFO +47 99 166 293