Nel ASA: Exercise of employee share options and issue of shares
(Oslo, 12 August 2022) Nel ASA today has resolved, in accordance with the authorization granted by the extraordinary general meeting on 2 August 2022, to issue 4,452,600 new shares to fulfil the Company's obligations in the groupwide share option program comprising all employees in Nel fulfilling certain criteria, specified in the Company's annual report (note 2.5), thereby increasing the Company's share capital by NOK 890,520. In total 136 employees in the group exercised 4,452,600 options at the strike price of NOK 7.8. The options were granted in 2019.As stated in the general terms and