Subscription Rights Grant
Subscription Rights Grant Oslo, December 2, 2015 Cxense ASA today announced that the board of directors of Cxense ASA has resolved to issue 17,000 subscription rights ("SRs") to employees in the company. The grant was made under the company's 2015 incentive subscription rights plan as resolved at the annual general meeting on 13 May 2015. The exercise price of the SRs is NOK 101.85 per share. The issued SRs vest over 4 years by 25 % on each anniversary from the date of the grant and expire after five years. Following the grant there will be 276,850 subscription rights and share