Elmera Group ASA: Exercise of employee share options

Employees in the Company have on 14 August 2024 exercised 41 668 options. The options had an average strike price of NOK 18,18. Each share option corresponds to one share. The company's liability with respect to the scheme will be met through existing holdings of treasury shares. As of 14 August 2024, Elmera Group ASA holds 5 262 021 treasury shares.

The payment has been determined based on a selling price of NOK 34,5729.

2. Options exercised by primary insiders 14 August 2024:

Solfrid Fluge Andersen has exercised 15 000 options in the Company, corresponding to
15 000 shares at the average strike price of NOK 20,2667.

Jeanne Tjomsland has exercised 6 667 options in the Company, corresponding to
6 667 shares at the strike price of NOK 17,00.


3. Transfer of rights

8 May 2024, the primary insider mentioned above transferred the rights to receive shares resulting from the exercise of options to a third party. The sales amount will be finally determined on the basis of the price subsequently obtained by the third party when selling the shares in the market. The payment has been determined based on a selling price of NOK 34,5729


4. New holding

After exercising options, Solfrid Fluge Andersen holds 120 000 unexercised options in the Company, corresponding to 120 000 shares. After completion of the abovementioned transactions, the primary insider holds 5 171 shares in the Company.

After exercising options, Jeanne Tjomsland holds 96 667 unexercised options in the Company, corresponding to 96 667 shares. After completion of the abovementioned transactions, the primary insider holds 26 028 shares in the Company.


For further information, contact:
Morten A. W. Opdal, Head of Controlling and Investor Relations, +47 970 62 526