Notification of Transaction by a Primary Insider
Hamilton, Bermuda, November 27, 2024 – board member and primary insider of Paratus Energy Services Ltd. (ticker “PLSV”) (the "Company"), Mark Anthony Lovell Mey, has been awarded 135,000 share options under the Company's long-term incentive plan. The initial strike price is set at NOK 51.7 per share plus a performance addition of 7.5% compound annual growth in the vesting period. The exercise price shall be adjusted for any distribution on the shares made before the relevant options are exercised. The options will have a five-year term and will vest in three tranches over three years with
Kristiansand, Norway – November 27, 2024 – Elkem ASA has secured EUR 1.8 million in funding from the European Union for the groundbreaking Elkem Sicalo® (Silicon production with carbon looping) project, which aims to eliminate all CO2 emissions from silicon production.Elkem, SINTEF and NORCE are completing the first pilot phase of Elkem Sicalo® at Elkem’s technology park in Kristiansand, Norway. The project entails capturing the carbon emitted from the silicon furnace and reusing it as a reductant in the silicon production process. The EU has now granted EUR 9.9 million in funding for the
