MAGNORA ASA has awarded share options to the CEO, CFO, and SVP Business Development, in addition to the CEO of Magnora Offshore Wind.
CEO, Erik Sneve, has been granted 200,000 options with a strike price of NOK 23.70, which gives him the rights to acquire 200,000 additional shares in the Company. Vesting period is 3 years, and the options expire 5 years from vesting date. Mr. Sneve’s affiliated ownership through close family and other accounts is 1,212,061 shares in Magnora ASA and holds 350,000 share options in Magnora ASA including the 200,000 options mentioned above.
CFO, Bård Olsen, has been granted 50,000 options with a strike price of NOK 22.22, which gives him the rights to acquire 50,000 additional shares in the Company. Vesting period is 3 years, and the options expire 5 years from vesting date. Mr. Olsen holds 50,000 shares in Magnora ASA and holds 150,000 share options in Magnora ASA including the 50,000 options mentioned above.
SVP Business Development, Trond Vileid Gärtner, has been granted 75,000 options with a strike price of NOK 22.22, which gives him the rights to acquire 75,000 additional shares in the Company. Vesting period is 3 years, and the options expire 5 years from vesting date. Mr. Gärtner holds 7,000 shares in Magnora ASA and holds 100,000 share options in Magnora ASA including the 75,000 options mentioned above.
CEO Magnora Offshore Wind, Haakon Alfstad, has been granted 50,000 options with a strike price of NOK 22.22, which gives him the rights to acquire 50,000 additional shares in the Company. Vesting period is 3 years, and the options expire 5 years from vesting date. Mr. Alfstad holds 61,177 shares in Magnora ASA and holds 250,000 share options in Magnora ASA including the 50,000 options mentioned above.
