As announced on November 15, the Board in Carasent ASA has approved a stock option program for up to 2 million shares. The options will be structured as warrants based on market value, will have a strike of price of NOK 14,47 with a 3 year term. When exercised, the Board has the right to pay the option holder cash instead of issue shares. The market value of the options has been calculated to NOK 1,39 per option and have now been fully distributed. All 2 million options were subscribed and will be paid for by the option holder. A total of 1.528.562 options were subscribed for by employees and the remaining by primary insiders. The following primary insiders have subscribed for warrants on these terms: Human Peak and Balance AB, a company controlled by Chairman of the Board Johan Lindqvist has subscribed for 78.573 options. Following this trade, Johan Lindqvist and companies he controls have 7.784.124 shares and 78.573 options. Windchange AB, a company controlled by CFO Lars Forsberg has subscribed for 78.573 options. Following this trade, Lars Forsberg and companies he controls now have 78.573 options. Factis Invest AB, a company controlled by Managing Director Dennis Höjer has subscribed for 78.573 options. Following this trade, Dennis Höjer and companies he controls have 4.433.053 shares and 78.573 options. Jannerberg Invest AB, a company controlled by CEO Jesper Jannerberg has subscribed for 78.573 options. Following this trade, Jesper Jannerberg and companies he controls have 4.992.618 shares and 78.573 options. N Hugosson Inwest AB, a company controlled by Business Developer Niclas Hugosson has subscribed for 78.573 options. Following this trade, Niclas Hugosson and companies he controls have 4.361.992 shares and 78.573 options. Ebba Fåhreus, Board Director, has subscribed for 78.573 options. Following this trade Ebba Fåhreus and companies she controls, holds 85.013 shares and 78.573 options.
