English

Cxense ASA – Subscription by primary insiders in the rights issue

Report this content

Reference is made to the ongoing fully underwritten rights issue (the "Rights issue") in Cxense ASA (the "Company").

The following primary insiders, including their close associates, have subscribed for offer shares in the Rights Issue at a subscription price of NOK 7:

Tankeverket AS, a company owned by Christian Printzell Halvorsen, Chief Executive Officer, and family has subscribed for 71,428 offer shares in the Rights Issue, of which subscription of 38,899 offer shares is based on subscription rights. Subject to all offer shares being allocated pursuant to this subscription, Tankeverket AS will own 98,928 shares in the Company following issuance of offer shares in the Rights Issue. Christian Printzell Halvorsen also owns 140,000 share options and subscription rights in the Company.

Kanoka Invest AS, a company 100% owned by Jørgen Evjen, Chief Financial Officer, has subscribed for 71,428 offer shares in the Rights Issue. The subscription is not based on subscription rights. Subject to all offer shares being allocated pursuant to this subscription, Kanoka Invest AS will own 71,428 shares in the Company following issuance of offer shares in the Rights Issue.

Birger Søiland, General Manager North America, has subscribed for 7,142 offer shares in the Rights Issue. The subscription is not based on subscription rights. Subject to all offer shares being allocated pursuant to this subscription, Birger Søiland will own 7,142 shares and 15,000 share options in the Company following issuance of offer shares in the Rights Issue.

Fredrik Falck, VP Finance, has subscribed for 6,648 offer shares in the Rights Issue based on subscription rights granted to him. Following issuance of offer shares in the Rights Issue, Fredrik Falck will own 11,348 shares and 10,000 share options in the Company.

Ben Graham, Chief Product Officer, has subscribed for 14,285 offer shares in the Rights Issue. The subscription is not based on subscription rights. Subject to all offer shares being allocated pursuant to this subscription, Ben Graham will own 14,285 shares and 50,000 share options in the Company following issuance of offer shares in the Rights Issue.

Elisabeth Monrad-Hansen, VP Human Resources, has subscribed for 14,285 offer shares in the Rights Issue. The subscription is not based on subscription rights. Subject to all offer shares being allocated pursuant to this subscription, Elisabeth Monrad-Hansen will own 14,285 shares and 20,000 share options in the Company following issuance of offer shares in the Rights Issue.

David Gosen, Chief Commercial Officer, has subscribed for 39,285 offer shares in the Rights Issue. The subscription is not based on subscription rights. Subject to all offer shares being allocated pursuant to this subscription, David Gosen will own 39,285 shares and 100,000 share options in the Company following issuance of offer shares in the Rights Issue.