Hexagon Composites ASA issues 975,000 call options at strike NOK 25
In accordance with resolutions no 6 and no 13.2 of the Ordinary Shareholders' Meeting held in Aalesund on April 22nd 2014, the Board of Directors of Hexagon Composites ASA has issued 975,000 share options under the Company's management incentive program. Of the 975,000 options, 600,000 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 | 150,000 options and 419,000 shares |
| Jack Schimenti | 100,000 | 100,000 options and 38,041 shares |
| David Bandele | 100,000 | 100,000 options and 29,545 shares |
| Skjalg S. Stavheim | 50,000 | 50,000 options and 133,585 shares |
| Ragnar Holthe | 50,000 | 50,000 options and 2,870 shares |
| Daniel Aasheim | 50,000 | 50,000 options and 3,000 shares |
| Solveig Sæther | 25,000 | 25,000 options and 1,146 shares |
| Geir Torset | 25,000 | 25,000 options and 31,146 shares |
| Gunnar Engkrog | 25,000 | 25,000 options and 1,146 shares |
| Trond Seth | 25,000 | 25,000 options and 1,146 shares |
The share options give rights to buy shares in Hexagon Composites ASA at NOK 25 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 2017, first quarter of 2018 or second quarter of 2018.
For more information:
Jon Erik Engeset, CEO, Hexagon Composites ASA
Telephone: +47 916 30 550 | jon.erik.engeset@hexagon.no
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.