SKEL fjárfestingafélag hf.: Allocation of stock options

SKEL's Board of Directors has approved the granting of stock options to certain employees, covering up to 10,801,254 shares in the company. The stock option agreements are designed to align the long-term interests of the company and its employees. The terms of the agreements comply with the stock option plan and remuneration policy approved at the company's Annual General Meeting on 7 March 2024. At this meeting, shareholders authorized the Board of Directors to grant stock options to...

Reykjavík, 20/11/2024 (informazione.it - comunicati stampa - servizi)

SKEL's Board of Directors has approved the granting of stock options to certain employees, covering up to 10,801,254 shares in the company.

The stock option agreements are designed to align the long-term interests of the company and its employees. The terms of the agreements comply with the stock option plan and remuneration policy approved at the company's Annual General Meeting on 7 March 2024. At this meeting, shareholders authorized the Board of Directors to grant stock options to employees, excluding key management personnel who had already received stock options under the stock option plan approved at the Annual General Meeting on 10 March 2022.

Following this grant, the total number of outstanding stock options granted to SKEL's key employees amounts to 107,602,943 shares, representing approximately 5.73% of the company's share capital.

For further information, please contact Ásgeir Helgi Reykfjörður Gylfason, CEO, fjarfestar@skel.is