Nel ASA: Issue of shares and exercise of employee share options in Nel ASA

Fri, Jun 02, 2017 08:00 CET

(Oslo, 2 June 2017) On 1 June 2017, Nel ASA (the "Company") resolved to issue 2,517,967 new shares to employees to fulfil the Company's obligations under the Company's employee incentive plans, thereby increasing the Company's share capital to NOK 150,235,243.80.

On 1 June 2017, the following employees who are primary insiders subscribed for matching shares under the Company's existing share option program:

On the same date, Nel ASA transferred treasury shares for no consideration to the following employees who are primary insiders, to provide the employees with matching shares under the Company's existing share option program:

After the transfer, Nel ASA holds 502,707 treasury shares in the Company.