DSRT: Sale of shares by board member
ISSUER
DESERT CONTROL AS
Sandnes, Norway, 30 June 2022: A member of the board of directors in Desert
Control AS ("Desert Control" or the "Company") have on 30 June 2022 sold shares
in the company.
Brage Johansen, a member of the board of directors of the Company, has through
Beyond Centauri AS sold 113 000 shares in the Company at an average price of NOK
27.8677. Following the transaction, Beyond Centauri holds a total of 1 243 371
shares in the Company.
Primary insider notification pursuant to the market abuse regulation article 19
are attached.
For further information, please contact:
Erling Rasmussen, Chief Financial Officer,
+ 47 482 11 151,
erling.rasmussen@desertcontrol.com
About Desert Control:
Desert Control specializes in climate-smart Agri-tech solutions to combat
desertification, soil degradation, and water scarcity. Its patented Liquid
Natural Clay (LNC) enables sustainable ecosystem management by restoring and
protecting soil’s ability to preserve water and increase yields for agriculture,
forests, and green landscapes. LNC enables sand and degraded soil to retain
water and nutrients, thus increasing crop yields and ecosystem resilience while
preserving water resources by up to 50%.
Agriculture and food production already consume more than 70% of all available
freshwater. Desertification and soil degradation further increases water
consumption in a negative spiral. Our growing global population will require
more food in the next 40 years than was produced over the last 500 years,
putting even more pressure on vital resources such as water. This is the problem
Desert Control is determined to solve. According to the United Nations, twelve
million hectares of fertile land perish to desertification, representing an
annual $490 billion loss to the global economy.
Desert Control’s vision is making earth green again.
https://www.desertcontrol.com
This information is subject to the disclosure requirements pursuant to the
market abuse regulation article 19.