Vis børsmeldingen
(Oslo, 8 July 2020) Nel ASA (the Company) today has resolved to grant options to
all employees of the Company that fulfill the requirements for participation in
the employee share option plan. The grant of options is based on the
authorization from Nel’s annual general meeting of 13 May 2020 to issue new
shares in connection with Nel’s incentive plan for employees, and the same
annual general meeting’s adoption of the statement of the board regarding long
term incentive plans.
A total of 12,579,142 share options were granted in a groupwide program
comprising all employees in Nel fulfilling certain criteria. Each option, when
exercised, will give the right to acquire one share in the Company. The options
are granted without consideration. Pursuant to the vesting schedule, 40% of the
options will vest two year after the day of grant, and 60% of the options will
vest three years after the day of grant. Vesting requires the option holder
still to be an employee in the Company. The strike price of the options shall be
NOK 21,72 based on the average price of the Nel ASA share the five trading days
before grant date (NOK 20,11) and including an 8% premium. The options that have
not been exercised will lapse 4 years after the date of grant. Gains per
instrument is capped at NOK 5,00 maximum per share option.
Primary insiders in Nel ASA have received the following grants of options,
according to the terms described above:
·
Jørn Rosenlund, SVP Nel Hydrogen Fueling, has been granted 320,000 share
options. Following the grant, he holds 300,000 shares and 874.000 options in the
Company.
· Filip Smeets, SVP Nel Hydrogen Electrolyser, has been granted 320,571 share
options. Following the grant, he holds 0 shares and 320,571 options in the
Company.
· Kjell Christian Bjørnsen, CFO of Nel, has been granted 320,571 share
options. Following the grant, he holds 0 shares and 320,571 options in the
Company.
· David Bow, SVP Business Development of Nel, has been granted 304,000 share
options. Following the grant, he holds 286,341 shares and 1,012,000 options in
the Company.
· Hans Hide, SVP Projects of Nel, has been granted 316.000 share options.
Following the grant, he holds 0 shares and 616,000 options in the Company.
· Bjørn Simonsen, VP Investor Relations and Corporate Communications of Nel,
has been granted 326,000 share options. Following the grant, he holds 2,002,799
shares and 1,016,000 options in the Company.
· Raluca Leordeanu, VP Business Development in Nel, has been granted 318,000
share options. Following the grant, she holds 0 shares and 1,004,000 options in
the Company.
· Stein Ove Erdal, VP Legal and General Councel in Nel, has been granted
350,000 share options. Following the grant, he holds 0 shares 650,000 options in
the Company.
· Anders Søreng, CTO of Nel, has been granted 310,000 share options. Following
the grant, he holds 331,899 shares and 858,000 options in the Company.
ENDS
For further information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02 097
About Nel ASA | www.nelhydrogen.com
Nel is a global, dedicated hydrogen company, delivering optimal solutions to
produce, store, and distribute hydrogen from renewable energy. We serve
industries, energy, and gas companies with leading hydrogen technology. Our
roots date back to 1927, and since then, we have had a proud history of
development and continuous improvement of hydrogen technologies. Today, our
solutions cover the entire value chain: from hydrogen production technologies to
hydrogen fueling stations, enabling industries to transition to green hydrogen,
and providing fuel cell electric vehicles with the same fast fueling and long
range as fossil-fueled vehicles - without the emissions.
Kilde
