GRANT OF EMPLOYEE SHARE OPTIONS IN INTEX RESOURCES ASA
2/1/2013 11:28 AM EST
The Board of Directors of Intex Resources ASA has on
1 February 2013 granted 175,000 employee share
options to primary insider Mr. Henno Grenness,
Executive Vice President of Intex Resources ASA. The
grant is according to the Company's share option plan
for employees of which the main terms were approved
in the Extraordinary General Meeting of the Company
on 22 December 2010.
The granted share options have an exercise price of
NOK 4.82, each option corresponding to one share. One-
third of the options vest every sixth month from the
resolution date. Vested but not exercised options
expire 36 months following the resolution date.
Following this award, Mr. Grenness holds 175,000
share options.
For further information, please contact:
Intex Resources ASA
Munkedamsveien 45A
0250 Oslo, Norway
Tel: +47 2311 3344
Fax: +47 2311 3345
Email: