Award of stock options according to long term option program

Donnerstag, 18.08.2011 08:35 von Hugin - Aufrufe: 203

Acta Holding ASA has on the 17th of August 2011 awarded stock options in
accordance with an option program for all employees in the Acta Group within a
framework of 5.5 million stock options for each of the years 2009, 2010 and
2011. Reference is made to the notices to Oslo Stock Exchange on 28th of October
2009, 17th of February 2010, 19th of August 2010, 28th of October 2010, 16th of
February 2011 and 12th of May 2011.
 
A total of 575 thousand stock options were awarded to 41 employees on the 17th
of August 2011. The total number of outstanding stock options after the
allocation on 17th of August 2011 is 12.919 million.
 
The strike price for the options is 105% of the Acta share's closing price on
the Oslo Stock Exchange on the date of the award, which means a strike price of
NOK 2.14. The strike price shall however be reduced by the accumulated dividend
paid in the period after the options have been awarded.
 
Stock options awarded on the 17th of August 2011 can be exercised with 100 % in
a period of three (3) days after the interim results of the second quarter in
2013 have been presented by the company by notice to the Oslo Stock Exchange.
 
Contact information:
 
CFO Christian Tunge, mobile phone +47 450 65 850
 
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Acta Holding ASA via Thomson Reuters ONE
 
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