23 November 2023: Reference is made to the stock exchange notice by Norse
Atlantic ASA (the "Company") on 8 May 2023 regarding the Company's share option
program for members of the Company's senior management and selected key
employees. The further details of the share option program are set out in the
Company's report for the third quarter of 2023.
The Company's board of directors has resolved to grant a total of 1,250,000 new
share options under the share option program, each at a strike price of NOK
12.38. Each share option granted under the program carries the right to acquire
one share in the Company. Following the new grant, the total number of
outstanding share options in the Company is 4,093,750, equal to approximately
5.4% of the shares currently outstanding in the Company.
The following primary insiders have been granted share options:
· Anders Hall Jomaas (Chief Financial Officer) has been granted 500,000 share
options. Following the grant, Anders holds 20,000 shares and 500,000 share
options in Norse.
· Bjørn Christian Heimdal Larsen (advisor to the CEO) has been granted 750,000
share options. Following the grant, Bjørn holds 50,000 shares and 750,000 share
options in Norse.
See the enclosed forms for further details about the transactions of the primary
insiders.
For further information, please contact:
Investors: CFO, Anders Jomaas, Anders.Jomaas@flynorse.com
Media: SVP Communications, Philip Allport, philip.allport@flynorse.com
About Norse
Norse Atlantic Airways is an airline that offers affordable fares on long-haul
flights, primarily between Europe and the United States. The company was founded
by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet
of 15 modern, fuel-efficient and more environmentally friendly Boeing 787
Dreamliners that serve destinations including New York, Los Angeles, Orlando,
Boston, Washington, Boston, Jamaica, Barbados, Bangkok, Miami, Oslo, London,
Berlin, Rome and Paris. The company's first flight took off from Oslo to New
York on June 14, 2022.
This information is subject to the disclosure requirements in Regulation EU
596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities
Trading Act.