- Sanghyo Kim (CTO) has been granted 375,000 share options (now holding a total of 375,000)
- Kjetil Fennefoss (COO) has been granted 125,000 share options (now holding a total of 375,000)
- Knut Stålen (CFO) has been granted 275,000 share options (now holding a total of 275,000)
- Jason Pyne (EVP) has been granted 225,000 share options (now holding a total of 225,000)
- Jonas Ringstad (EVP) has been granted 225,000 share options (now holding a total of 225,000)
- Svenn Jarle Simonsen (EVP) has been granted 143,833 share options (now holding a total of 225,000)
The exercise price is NOK 14,90 per share VWAP last 30 days. Each share option gives the right to purchase one share in the Company.1/3 of options granted will vest after 1, 2, and 3 years respectively, and the options expire after 6 years. The total outstanding share options shall not exceed 7.5% of the total number of outstanding shares in the Company. This means that the allocation of new share options, including the share options referenced above, has a maximum limit of 3,125,000.This information is subject to disclosure requirements in Regulation EU 596/2014 (MAR) article 19 no. 3 and the Norwegian Securities Trading Act section 5-12.
For more information, please contact:
Sten Kirkbak, CEO,
+47 92203710,
sten.kirkbak@xplora.comTore Engebretsen, Chairman
+47 908 66 756,
tore@vv12.noAbout Xplora Technologies AS:Xplora is a platform and services company and an industry leader in the market for children’s smartwatches. Xplora was founded to give children a safe onboarding to the digital life and a better balance between screen time and physical activity. Xplora’s vision is to enable children around the world to experience how their everyday activities can create value and make a positive change in the world. The company is headquartered in Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker symbol XPLRA.
