Oslo, 24 November 2023. Reference is made to Sikri Group ASA's (the "Company"
and together with its consolidated subsidiaries, the "Group") annual general
meeting on 31 May 2023 whereby the Company's board of directors were granted an
authorization to increase the Company's share capital by issuing new shares in
connection with the Company's incentive schemes.
The Company has now completed the 2023 employee share purchase program ("2023
ESPP") where employees and board members of the Group were offered to subscribed
for shares in the Company at a 20% discount. A total of 717,651 shares have been
subscribed for under the 2023 ESPP.
The share price in the 2023 ESPP is NOK 4.64, representing a 20% discount to the
volume weighted average price of the Company's share during the application
period of the 2023 ESPP (10 November to 23 November 2023) of NOK 5.80. As part
of ESPP, employees and board members may, after a vesting period of 3 years,
receive 1 bonus share (subject to payment of the nominal value per share only)
per 3 shares subscribed for subject to certain conditions being fulfilled.
Based on the above, the board has today resolved to increase the Company's share
capital by up to NOK 14,353.02 by issuing up to 717,651 new shares at a
subscription price of NOK 4.64 per share.
For further information, please contact:
Camilla Aardal
Chief Financial Officer
Tel: +47 97 10 51 55
Email: Camilla.aardal@sikri.no
This information is published in accordance with the requirements of the Oslo
Rule Book II and is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.