Award of stock options according to long term option program

Acta Holding ASA has on the 2nd of November 2011 awarded stock options in accordance with an option program for all employees in the Acta Group within a framework of 5.5 million stock options for each of the years 2009, 2010 and 2011. Reference is made to the notices to Oslo Stock Exchange on 28th of October 2009, 17th of February 2010, 19th of August 2010, 28th of October 2010, 16th of February 2011, 12th of May 2011 and 18th of August 2011.

A total of 425 thousand stock options were awarded to 30 employees on the 2nd of November 2011. The total number of outstanding stock options after the allocation on 2nd of November 2011 is 13.169 million.

The strike price for the options is 105% of the Acta share's closing price on the Oslo Stock Exchange on the date of the award, which means a strike price of NOK 1.50. The strike price shall however be reduced by the accumulated dividend paid in the period after the options have been awarded.

Stock options awarded on the 2nd of November 2011 can be exercised with 100 % in a period of three (3) days after the interim results of the third quarter in 2013 have been presented by the company by notice to the Oslo Stock Exchange.

 

Contact information:

CFO Christian Tunge, mobile phone +47 450 65 850

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

 

 

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