Nel ASA: Exercise of employee share options and issue of shares
(Oslo, 20 August 2021) Nel ASA today has resolved, in accordance with the authorization granted by the general meeting on 15 April 2021, to issue 3,301,000 new shares to fulfil the Company's obligations in the groupwide share option program comprising all employees in Nel fulfilling certain criteria, specified in the Company's annual report (note 6), thereby increasing the Company's share capital by NOK 660,200. In total 148 employees in the group exercised 3,301,000 options, where 3,276,000 options were exercised at the strike price of NOK 7.8, and 25,000 options were exercised at the