Option holders under
The below primary insiders have exercised options under the Company's share incentive programme.
Morten Viga (CFO), exercised 103,092 options, of which 68,728 options had an exercise price ofNOK 23.53 per share and 34,364 options had an exercise price ofNOK 19.10 per share, following which he holds 996,908 options and 46,896 shares in the CompanyFrédéric Jacquin (SVP Silicones), exercised 68,728 options, of which 34,364 options had an exercise price ofNOK 23.53 per share and 34,364 options had an exercise price ofNOK 19.10 per share, following which he holds 931,272 options and 6,551 shares in the CompanyAsbjørn Søvik (SVP Business Development), exercised 68,728 options with an exercise price ofNOK 19.10 per share, following which he holds 1,031,272 options and 10,000 shares in the Company-
Katja Lehland (SVP HR), exercised 137,456 options, of which 68,728 options had an exercise price of
NOK 23.53 per share and 68,728 options had an exercise price ofNOK 19.10 per share, following which she holds 962,544 options and 0 shares in the Company -
Louis Vovelle (SVP Innovation and R&D), exercised 137,456 options, of which 68,728 options had an exercise price of
NOK 23.53 per share and 68,728 options had an exercise price ofNOK 19.10 per share, following which he holds 962,544 options and 6,896 shares in the Company Luiz Simao (SVP Carbon Solutions), exercised 85,600 options, of which 34,364 options had an exercise price ofNOK 23.53 per share and 51,236 options had an exercise price ofNOK 19.10 per share. Out of these optionsLuiz Simao has purchased 10,000 shares at an exercise price ofNOK 19.10 per share. Following these transactions, he holds 764,400 options and 10,000 shares in the CompanyHåvard Moe (SVP Technology), exercised 50,000 options and thereby purchased 50,000 shares inElkem at an exercise price ofNOK 23.53 per share, following which he holds 1,100,000 options and 60,000 shares in the Company.
For the options that have not been used to purchase shares in the Company, the above primary insiders have transferred their rights to receive the new shares to a third party in return for a net sales proceed which will be finally determined on the basis of the market price subsequently obtained by the third party. The results of the sales process will be announced in a separate stock exchange notice.
All the exercised options have been granted in accordance with the Company's share option programme described in the Company's latest annual financial statement.
Further details of the primary insider transactions pursuant to the market abuse regulation article 19 are attached.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
VP Finance and Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.no
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