CRAYON GROUP HOLDING ASA (OSLO, Norway ) - In connection with the annual employee share incentive program ofCrayon Group Holding ASA (the "Company" or "Crayon"), all employees of Crayon and its subsidiaries for which an offer could be lawfully made have been offered to subscribe for shares in the Company. The employees have been offered to subscribe at the volume-weighted average share price fromMarch 15, 2024 toMarch 31 2024 , minus a 20% discount, resulting in a subscription price ofNOK 62.19 per share. The application period ended atMarch 31, 2024 and final allocation is expected take place in April, 2024. The new shares issued to employees and board members as part of the employee share incentive program will be subject to a lock-up period of two years. The following primary insiders have applied for shares: Board of Directors:Jens Rugseth(member) : 4,019 shares Grethe Helene Viksaas(member): 1,607 shares Lars Larhammer (Employee rep.): 4,019 sharesLiv Hege Jensen (Employee rep.): 1,607 sharesMette Wam (Employee rep.): 3,215 sharesTimothy Jay Herland (Employee rep.): 964 shares Executive Management:Melissa Mulholland (CEO): 4,019 shares Brede Huser (CFO): 4,019 shares Investor contact:Kjell Arne Hansen Head of Investor Relation & Corporate Finance ir@crayon.com About Crayon Crayon is a customer-centric innovation and IT services company with over 4,000 team members across 46 countries. We optimize businesses' IT estate to help them innovate with expertise they can trust. Our services create value for companies to thrive today, and scale for tomorrow. For more information, visit www.crayon.com.
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