Grant of warrants
Company Announcement No. 12-2024 Copenhagen, 27 March 2024Today, the Board of Directors has exercised part of its current authorization to issue a total of 703,854 warrants to the Executive Management and key managers in Penneo in accordance with the remuneration policy. The Executive Management were granted warrants in accordance with the revolving warrant program as mentioned in the remuneration policy, whereas the key managers were granted warrants on a discretionary basis. The warrants vest in three equal yearly installments with the first installment vesting on 27 March 2025.