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 options outstanding.
About Cxense:
Cxense enables the world's leading media, e-commerce and consumer brands to take control of their audience data to deliver more engaging and personalized user experiences. Businesses using Cxense's advanced real-time analytics, data management (DMP), advertising, search and personalization technology gain more engaged users, increased digital revenue and higher sales conversions. Cxense is headquartered in Oslo, Norway, with offices worldwide.
Customers include Condé Nast, Dow Jones/Wall Street Journal, Gannett, Globo, Grupo Clarin, Singapore Press Holdings, South China Morning Post, AEON, DMM, Rakuten, Naspers, Bonnier, Schibsted, and many more. For more information: www.cxense.com, Twitter: @Cxense. Cxense is listed on the Oslo Stock Exchange with the ticker 'CXENSE.'
Investor Relations Contact:
Jørgen Loeng
Chief Financial Officer
Email: jorgen.loeng@cxense.com
Mobile: +47 906 60 062
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This information is published pursuant to the requirements set out in section 4.5 of the Continuing obligations of stock exchange listed companies.