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Vow ASA — Remuneration Information 2019
Aug 28, 2019
3785_rns_2019-08-28_16bb114c-092e-4bf3-9874-411ea6742dad.html
Remuneration Information
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Scanship Holding ASA : Awarding of options according to the 2019 option program
Scanship Holding ASA : Awarding of options according to the 2019 option program
On 23 May 2019, the general meeting of Scanship Holding ASA resolved an option
program for leading employees and qualified resource persons.
The number of options granted under the 2019 program will not exceed 2.5 %
(2 404 388 shares) of the total current outstanding shares in the company. Today
a total of 1 490 000 options have been awarded according to the option program.
Of the total awarded options, the following primary insiders have been awarded
options pursuant to the option program as follows:
+----------------+------------+-----------------+--------------+
| | | Number of | Shares owned |
| | | | |
| Name | Position | options granted | today 1) |
+----------------+------------+-----------------+--------------+
| Henrik Badin | CEO | 110 000 | 10 532 149 |
| | | | |
| Asgeir Wien | CDO | 80 000 | 10 500 000 |
| | | | |
| Jonny Hansen | COO | 80 000 | 10 500 000 |
| | | | |
| Erik Magelssen | CFO | 110 000 | 0 |
| | | | |
| Lasse Grinden | Controller | 20 000 | 6 526 |
+----------------+------------+-----------------+--------------+
1) Including shares owned by related parties / "nærstående"
Each option gives the right to subscribe for one share in Scanship Holding ASA.
The subscription price for each share shall be NOK 17.90, equal to the 5-day
volume weighted average share price of Scanship Holding ASA prior to the award
date.
The options will be vested and may be used to subscribe for shares in the
company on the terms and conditions set out in the option program.
For further queries, please contact:
Henrik Badin - CEO
Scanship Holding ASA
Tel: +47 90 78 98 25
Email: [email protected]
ABOUT SCANSHIP HOLDING ASA
Scanship delivers world leading solutions for cleaner oceans in the Cruise and
Aquaculture industries. Scanship provides advanced technologies for processing
waste and purifying wastewater. Owners operating Scanship systems have the
solution to convert all waste and wastewater into clean energy and purified
water which meets the highest international discharge standards. Any residuals
from the Scanship processes can be recovered for reuse.
This information is subject to the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act.