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 of NOK 100,000. The shares are
subject to a lock-up period of 12 months. Upon allocation, the subscription
price of the shares was set to NOK 12.651, based on a valuation of NOK 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 to NOK
425.815 by issuing up to 85,163 new shares at a subscription price of NOK 12.651
per share, each with a nominal value of NOK 0.005.
For further information, please contact
Tom 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.