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Regulatory press release

Induct AS: Induct - Allocation of share options

Induct
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The Board has been allocated share options. The allocation is pending approval by the upcoming Annual General Meeting in 2020.

The following primary insiders have been allocated share options:

Vibeke Hammer Madsen, Chairman: 150,000 options

Henning Petersen, Board Member: 100,000 options

Hans Martin Nakkim, Board Member: 100,000 options

Thomas Christensen, Board Member: 100,000 options

 

The Board authorized CEO to decide on the allocation of 1,000,000 share options among employees and consultants. The authorization is pending approval by the upcoming Annual General Meeting.
 

The exercise price for the share options is NOK 4 per share. Vesting period is two years.

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