Green Energy Group (SBX Plc) has a long-term incentive program key to attract and retain key employees. Awards under the program are expiring. The Board has decided to revise the old program in exchange for a new one under the same terms and a strike price of NOK 6,5 per share. The program becomes vested over a period of 3 years from the Grant date.
Allocations under the new program follow previous allocations under the old program with the exception of Mr Sveinung Alvestad, Director of M&A (new allocation) and Mr Steinar Hovland, VP Technical (increased allocation).
To this end, allocations under the program are as follows:
| No of shares owned | Options | Warrants | |
| Ståle Rodahl, Executive Chairman | 1,255,800 | 360,000 | 720,000 |
| Gunnar Jansen, CEO | 45,850 | 360,000 | |
| Finn Atle Hamre, COO | 15,125 | 360,000 | |
| Steinar Hovland, VP Technical | 360,000 | ||
| Sveinung Alvestad, Director M&A | 40,000 | 300,000 |
Contacts:
Ståle Rodahl
Executive Chairman
Ph: +47 4840 0593
