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Norsk Titanium AS Director's Dealing 2024

Jan 17, 2024

3686_rns_2024-01-17_f661fca0-1931-4652-b9f6-b0d23df0680c.pdf

Director's Dealing

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1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Carl Johnson
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
CEO
b) Initial notification/
Amendment
This is an initial notification.
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 42,831
d) Aggregated
information
Aggregated volume 42,831
Aggregated price NOK 3,426.48
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Carl Johnson
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
CEO
b) Initial notification/
Amendment
This is an initial notification.
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 conducted Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
a) Description of the
financial instrument,
type of instrument
Identification code
Restricted Stock Units (RSU) in connection with the company's long
term incentive plan. Each vested RSU will give the holder the right
to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the
transaction
Grant of RSUs issued without consideration pursuant to Norsk
c) Price(s) and Titanium AS' long term incentive program.
Price(s)
Volume(s)
volume(s) NOK 0 235,422
d) Aggregated
information
Aggregated volume 235,422
Aggregated price NOK 0
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Gail A. Balcerzak
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
Chief Legal and People Officer
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 37,194
d) Aggregated
information
Aggregated volume 37,194
Aggregated price NOK 2,975.52
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Gail A. Balcerzak
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
Chief Legal and People Officer
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
term incentive plan. Each vested RSU will give the holder the right
to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
financial instrument,
type of instrument
Identification code
ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk
transaction Titanium AS' long term incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0 184,546
d) Aggregated
information
Aggregated volume 184,546
Aggregated price NOK 0
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Nicholas Mayer
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Commercial
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 48,371
d) Aggregated
information
Aggregated volume 48,371
Aggregated price NOK 3,869.68
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Nicholas Mayer
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Commercial
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
Identification code
ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk
transaction Titanium AS' long term incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0 160,925
d) Aggregated
information
Aggregated volume 160,925
Aggregated price NOK 0
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Odd Terje Lium
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Engineering
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 16,848
d) Aggregated
information
Aggregated volume 16,848
Aggregated price NOK 1,347.84
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Odd Terje Lium
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Engineering
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
term incentive plan. Each vested RSU will give the holder the right
financial instrument,
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
Identification code
ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk
transaction Titanium AS' long term incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0 121,757
d) Aggregated
information
Aggregated volume 121,757
Aggregated price NOK 0
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Stephen Eaton
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Operations
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 21,747
d) Aggregated
information
Aggregated volume 21,747
Aggregated price NOK 1,739.76
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Stephen Eaton
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Operations
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
term incentive plan. Each vested RSU will give the holder the right
financial instrument,
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
Identification code
ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk
transaction Titanium AS' long term incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0 147,251
d) Aggregated
information
Aggregated volume 147,251
Aggregated price NOK 0
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Anne Lene Gullen Bråten
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
Director Finance
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 8,101
d) Aggregated
information
Aggregated volume 8,101
Aggregated price NOK 648.08
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Anne Lene Gullen Bråten
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
Director Finance
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
Identification code
ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk
transaction Titanium AS' long term incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0 47,045
d) Aggregated
information
Aggregated volume 47,045
Aggregated price NOK 0
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Ashar A. Ashary
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
Chief Financial Officer
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 32,570
d) Aggregated
information
Aggregated volume 32,570
Aggregated price NOK 2,605.60
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Ashar A. Ashary
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
Chief Financial Officer
b) Initial notification/
Amendment
This is an initial notification.
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the
financial instrument,
type of instrument
Identification code
Restricted Stock Units (RSU) in connection with the company's long
term incentive plan. Each vested RSU will give the holder the right
to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the
transaction
Grant of RSUs issued without consideration pursuant to Norsk
Titanium AS' long term incentive program.
c) Price(s) and
volume(s)
Price(s)
NOK 0
Volume(s)
170,725
d) Aggregated
information
Aggregated volume
170,725
Aggregated price NOK 0
e) Date of the
transaction
2024-01-17; 16.00 CET
f) Place of the
transaction
Outside trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Khazeem Adesokan
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Quality
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08.
Identification code ISIN for the shares of Norsk Titanium AS: NO0010969108
b) Nature of the Exercise of RSUs issued pursuant to Norsk Titanium AS' long term
transaction incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0.08 41,674
d) Aggregated
information
Aggregated volume 41,674
Aggregated price NOK 3,333.92
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Khazeem Adesokan
2 Reason for the notification
a) Position/status Person discharging managerial responsibilities
VP Quality
b) Initial notification/ This is an initial notification.
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name NORSK TITANIUM AS
b) LEI 549300Y0QTPZ5SDVSM33
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a)
Description of the
Restricted Stock Units (RSU) in connection with the company's long
financial instrument, term incentive plan. Each vested RSU will give the holder the right
type of instrument to acquire one share in Norsk Titanium AS at an exercise price
corresponding to the par value of the shares being NOK 0.08. The
RSUs will vest rateably on 17 January 2025, 2026 and 2027.
ISIN for the shares of Norsk Titanium AS: NO0010969108
Identification code
b) Nature of the Grant of RSUs issued without consideration pursuant to Norsk
transaction Titanium AS' long term incentive program.
c) Price(s) and Price(s) Volume(s)
volume(s) NOK 0 132,027
d) Aggregated
information
Aggregated volume 132,027
Aggregated price NOK 0
e) Date of the 2024-01-17; 16.00 CET
transaction
f) Place of the Outside trading venue
transaction