Nordic Semiconductor : NOD - Exercise of employee share options in Nordic Semiconductor ASA

Employees in Nordic Semiconductor have on 14 July 2020 exercised 1 062 563
options. The options had an average strike price of NOK 42.82. Each share option
corresponds to one share. 

The underlying shares have been provided by sale of the Company's holding of
treasury shares. 

The sales amount will be finally determined on the basis of the price
subsequently obtained by the third party in the market and will be announced in
a separate stock exchange notice when known. 

The following primary insiders have exercised share options. 

Kjetil Holstad exercised 11 699 options and has 24 072 options remaining. 

Svein-Egil Nielsen exercised 43 804 options and has 113 948 options remaining.

Ebbe Rømcke exercised 21 771 options and has 58 532 options remaining.

Joel David Stapleton exercised 4 495 options and has 3 889 options remaining. 

Morten Dammen exercised 9 568 options and has 8 659 options remaining. 

Jon Helge Nistad exercised 3 500 options and has 9 282 options remaining.

In addition, in total 94 723 options have been exercised and the employee has
purchased the underlying share. These options had an average strike price of NOK
44.22. 

The underlying shares have been provided by sale of the Company's holding of
treasury shares. 

Primary Insider Ole Fredrik Morken exercised and purchased 20 000 shares and has
129 309 options remaining. 
 
Subsequent to the transaction, Nordic Semiconductor holds 2 068 650 own shares.
There will be no share capital increase to cover the exercise of share options.


For further information, contact: Pål Elstad, CFO [phone]

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© Oslo Bors ASA, source Oslo Stock Exchange