Hexagon Composites ASA issues 925,000 call options at strike NOK 20
In accordance with resolutions no 6 and no 14.2 of the Ordinary Shareholders' Meeting held in Aalesund on April 21 April 2015, the Board of Directors of Hexagon Composites ASA has issued 925,000 share options under the Company's management incentive program. Of the 925,000 options, 775,000 options have been granted to senior executives and managers listed as primary insiders.
Of the options granted to primary insiders:
| Primary insider: | Options granted: | New holding after the grant: | ||
| Jon Erik Engeset | 150,000 | 300,000 options and 420,867 shares | ||
| David Bandele | 100,000 | 200,000 options and 32,745 shares | ||
| Skjalg S. Stavheim | 100,000 | 150,000 options and 144,715 shares | ||
| Jack Schimenti | 100,000 | 200,000 options and 60,341 shares | ||
| Chet Dawes | 50,000 | 100,000 options and 22,736 shares | ||
| Frank Häberli | 50,000 | 100,000 options and 18,713 shares | ||
| George Siedlecki | 50,000 | 100,000 options and 3,300 shares | ||
| Rick Rashilla | 50,000 | 75,000 options and 8,000 shares | ||
| Ragnar Holthe | 50,000 | 100,000 options and 2,870 shares | ||
| Daniel Aasheim | 50,000 | 100,000 options and 5,293 shares | ||
| Geir Torset | 25,000 | 50,000 options and 31,146 shares |
The share options give rights to buy shares in Hexagon Composites ASA at NOK 20 per share.
The options may be exercised in part or in full within three weeks following the official announcement of the financial results for the fourth quarter of 2018, first quarter of 2019 or second quarter of 2019.
For more information:
Jon Erik Engeset, CEO, Hexagon Composites ASA
Telephone: +47 916 30 550 | jon.erik.engeset@hexagon.no