LINK Mobility Group Holding ASA (LINK) has completed a new round of its share purchase program (ESPP) for employees. Under the terms of the ESPP, all employees have been given the opportunity to apply for shares for up to a maximum amount ofNOK 100,000 . The shares are subject to a lock-up period of 12 months. Upon allocation, the subscription price of the shares was set toNOK 12.651 , based on a valuation ofNOK 15.813 , which corresponds to the seven-day volume weighted average LINK share price (VWAP) prior to the final day of the subscription period,1 December 2023 , to which a 20 per cent discount was applied. As part of ESPP, employees may, after a vesting period of two years, receive 1 matching share (subject to payment of the nominal value per share only) per 3 shares subscribed for subject to certain conditions being fulfilled. Based on subscription for shares by employees in this round of the ESPP, the board has today resolved to increase the company's share capital with up toNOK 425.815 by issuing up to 85,163 new shares at a subscription price ofNOK 12.651 per share, each with a nominal value ofNOK 0.005 . For further information, please contactTom Rogn , VP Investor Relations +47 94 85 56 59 tom.rogn@linkmobility.com This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
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