Elkem ASA – Grant of share options under share incentive scheme
Oslo, 19 September 2018 The board of directors of Elkem ASA ("Elkem" or the "Company", OSE ticker code: "ELK") has resolved to grant in total 7,850,000 share options to members of the management and certain other key employees under the Company's share incentive scheme. Each option gives the option holder the right to subscribe or purchase one share in the Company at an exercise price of NOK 38.52, which is equal to the share price at closing on 13 September 2018. The options will vest over a period of three years from grant with one-third vesting each year and the first one-third