Nel ASA: Employee share option program
(March 1, 2023 - Oslo, Norway) Nel ASA has today resolved to grant 1 370 000 options under its revised share option plan. The strike price is 17.023, a premium of 8% over the highest of the closing share price on March 1, 2023 and the volume-weighted average price over the past five preceding trading days. The vesting time is three years and the options expired after five years. A total number of 1 370 000 share options were granted following the newly adopted long term incentive (LTI) program. Each option, when exercised, will give the right to acquire one share in the Company. The