Nel ASA: Employee share option program
(February 29, 2024 - Oslo, Norway) Nel ASA (Nel, OSE:NEL) has today resolved to grant 1 650 000 options under its share option plan. The strike price is NOK 5.318, a premium of 8% over the highest of the closing share price on February 29, 2024 and the volume-weighted average price over the past 5 preceding trading days. The vesting time is 3 years and the options expire after 5 years. A total number of 1 650 000 share options were granted in the long-term incentive (LTI) program. Each option, when exercised, will give the right to acquire one share in the Company. The options are