The board of directors of Otovo has resolved to allocate 3,615,000 options under the company’s share option programme that was authorised by the extraordinary general meeting 3 December 2021. The strike price of the options was set at NOK 23.095 corresponding to the close price on 20 January 2021 and the options will vest over three years with 1/3 each year.
The following primary insiders were allocated options:
Andreas Thorsheim (CEO): 100,000
Simen Fure Jørgensen (CPO): 100,000
Andreas Bentzen (CTO): 100,000
Lars Ekeland (CFO and General Counsel): 100,000
Cecilie Ellila Weltz (CEO, EDEA): 100,000
Anne Lene Holstad (SVP Operations & Improvement): 100,000
Sara Moe (Head of Group Accounting): 100,000
Anders Rønold (Finance Manager): 100,000
Øyvind Bjørndal (Strategy Manager): 50,000
Mette Rye Larsen (Head of TalentTalent): 15,000
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Disclosure Regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.