Company Announcement No. 18-2021

Copenhagen, December 14, 2021

Today, the Board of Directors of RISMA Systems A/S has exercised part of its current authorization by issuing 60,000 warrants to certain employees of the company.

The warrants are issued in accordance with the authorization in section 7.2 of the Articles of Association.

Each warrant grants the holder the right to subscribe for one share of DKK 0.10 in the Company. The exercise price is fixed at DKK 6.89 per share. The warrants will vest successively over 36 months and may be exercised following expiry of the vesting period.

The terms of warrants issued by the Company can be found in the Articles of Association on www.rismasystems.com/investors.

The theoretical market value of each warrant has been estimated at 3.7 DKK, calculated on the basis of the Black-Scholes model.

"These warrants are primarily issued to our new employees in our commercial departments in Sweden and Norway. It is very important for us that our incentives for commercial development is aligned with our share holder value – and we believe that a commercial team with warrants incentive will motivate a joint pursuit of commercial success across all markets.”, says Lars Nybro Munksgaard, CEO & Founder of RISMA Systems.

Further Information

CEO, Lars Nybro Munksgaard
Mobile: (+45) 31 48 11 00
Email: lnm@rismasystems.com
RISMA Systems A/S, Ejby Industrivej 38, 2600 Glostrup, Denmark
https://www.rismasystems.com/investors

Certified Advisor
Grant Thornton
Jesper Skaarup Vestergaard
Mobile (+45) 31 79 90 00
Grant Thornton Stockholmsgade 45, 2100 Copenhagen, Denmark

About Risma Systems A/S

RISMA is a leading SaaS company helping organizations structure, handle, and document their efforts across the business-critical areas of Governance, Risk, and Compliance. RISMA’s unique and user-friendly platform makes cross-organizational collaboration easy to demonstrate and report on regulations and standards such as GDPR & Privacy, ISMS, Risk Management, Financial Controls, ESG and sustainability – and much more. RISMA is listed on Nasdaq First North with a mission to become a leading GRC platform for medium and enterprise businesses and organizations.

 

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