Oslo, 7 December 2021.
Reference is made to Sikri Holding AS' (the "Company") annual general meeting on
27 May 2021 where the Company's board of directors were granted an authorization
to increase the Company's share capital by issuing new shares in connection with
incentive schemes in the Company.
In connection with the Company's employee share purchase program for 2021 ("ESPP
2021"), the Company is pleased to announce that it has received applications
from the group's employees and board members to purchase up to 105,065 new
shares at a share price of NOK 91.48 per share.
Under the terms of the ESPP 2021, all employees have been given the opportunity
to apply for shares up to a maximum amount of NOK 200,000. The share price of
NOK 91.48 represents a 20% discount to the volume weighted average price of the
Company's share during the application period of the ESPP 2021 (19 November to 3
December 2021) of NOK 114.35. The shares purchased under the ESPP 2021 are
subject to a three-year lock-up. Following expiry of the lock-up period, the
employees will have the right to receive 1 bonus share (subject to payment of
the nominal value per share only) per 3 shares purchased under the ESPP 2021
subject to remaining an employee of the group and that no ESPP 2021 share having
been sold during the lock-up period.
Further, the Company has decided to offer the members of the Company's board of
directors to subscribe for shares on the same terms as under the ESPP 2021
program, except that the right to receive bonus shares is not conditional upon
relevant the board member still holding its position as board member upon expiry
of the lock-up period.
Based on the application for shares received by the employees and the members of
the board of directors, the board has today resolved to increase the Company's
share capital by up to NOK 10,506.50 by issuing up to 105,065 new shares, each
at a nominal value of NOK 0.10, at a subscription price of NOK 91.48 per share.
The shares will be subscribed for within 15 December 2021.
An overview of primary insiders that have applied for and been allocated shares
will be announced in a separate stock exchange notice.
For further information, please contact:
Camilla Aardal,
Chief Financial Officer
Tel: +47 97 10 51 55
Email: Camilla.aardal@sikri.no
About Sikri Holding AS:
Sikri Holding (the Sikri Group) has developed from a software house specializing
in software and services towards the public sector, to becoming a leading
company also within property data, property technology and data economics in the
Nordics. Our customer base spans public sector as well as private businesses
within real estate, banking, insurance, property developers, media companies,
builders, property owners, taxation companies, engineers, power companies and
building materials production. We create value for public sector, private
businesses, and citizens, with an innovative approach to the use of data and
data analysis. Our ambition is to build the leading Nordic ecosystem for public
administration, property technology, analysis, and data.
This information is subject to the disclosure requirements pursuant to the EU
Market Abuse Regulation Article 19, section 5-12 of the Norwegian Securities
Trading Act and Euronext Growth Oslo Rule Book II.