Induct – Allocation of share options

The Board has been allocated share options. The allocation is pending approval by the upcoming Annual General Meeting in 2020.

The following primary insiders have been allocated share options:

Vibeke Hammer Madsen, Chairman: 150,000 options

Henning Petersen, Board Member: 100,000 options

Hans Martin Nakkim, Board Member: 100,000 options

Thomas Christensen, Board Member: 100,000 options

The Board authorized CEO to decide on the allocation of 1,000,000 share options among employees and consultants. The authorization is pending approval by the upcoming Annual General Meeting.
 

The exercise price for the share options is NOK 4 per share. Vesting period is two years.

           

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct

Based on ten years of collaboration with more than 250 organizations, Induct offers collaborative communities, delivered as "Software as a Service," that enable organizations to digitalize and manage business processes. This also include create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network.

Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.

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