Ensurge Micropower ASA - Mandatory Notice of Trade for Primary Insiders
October 28 2021 - 12:22PM
Ensurge Micropower ASA - Mandatory Notice of Trade for Primary
Insiders
Oslo, 28 October 2021
Reference is made to the announcement by Ensurge Micropower ASA
("Ensurge" or the “Company”) on 12 May 2021 regarding the issuance
of incentive subscription rights to employees and directors in the
Company ("Anti-dilutive Grants"), and further to the announcement
on 28 October 2021 regarding the cancellation and forfeiture of a
total of 4,283,638 incentive subscription rights in accordance with
the terms and conditions resolved by the 2021 Annual General
Meeting.
As a result of the Company’s cancellation of incentive
subscription rights, primary insiders in Ensurge have forfeited
incentive subscription rights as follows:
On 28 October 2021, Kevin Barber, CEO of Ensurge, forfeited
1,771,748 incentive subscription rights in the Company without
compensation.
On 28 October 2021, David Williamson, acting CFO of Ensurge,
forfeited 260,967 incentive subscription rights in the Company
without compensation.
On 28 October 2021, Arvind Kamath, EVP technology development
& manufacturing in the Ensurge group, forfeited 679,100
incentive subscription rights in the Company without
compensation.
On 28 October 2021, Morten Opstad, board chair, forfeited
285,576 incentive subscription rights in the Company without
compensation.
On 28 October 2021, Preeti Mardia, board member, forfeited
142,788 incentive subscription rights in the Company without
compensation.
On 28 October 2021, Jon Castor, board member, forfeited 285,576
incentive subscription rights in the Company without
compensation.
On 28 October 2021, Kelly Doss, board member, forfeited 142,788
incentive subscription rights in the Company without
compensation.
The above transaction notices are all initial notifications. The
name of the entity is Ensurge Micropower ASA, and the Company's LEI
is 5493007QXMCG0WPKFC96. The ISIN of the Company's share is
NO0010299068. The transactions were performed outside a trading
venue.
Contact
Ståle Bjørnstad - Investor RelationsE-mail:
stale.bjornstad@ensurge.comPhone: +47 99 16 76 72
Kevin Barber - Chief Executive OfficerE-mail:
kevin.barber@ensurge.com
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
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