Oslo, Norway, 3 January 2025:
Between 2019 and 2022, ABL Group ASA (the "Company" or "ABL Group") granted
employee share options as part of the Company's long-term incentive plan
("LTIP"). Each option gives a right to receive one share in the Company. For
more information on the LTIP and outstanding share options, please see the
Company's Annual Report.
The Company has today opened an exercise window in which option holders may
exercise vested share options. The exercise window closes on 20 January 2025 and
any exercises will take effect only at the end of the window.
The following share options vested in 2022 and 2023, and may be exercised during
the current window:
- 405,000 share options, held by 9 option holders, each with an exercise price
of NOK 2.88. These options will expire in March 2025 unless exercised in the
current exercise window.
- 2,997,500 share options, held by 48 option holders, each with an exercise
price of NOK 4.90. These options expire in September 2025 and may be exercised
in a later exercise window.
In addition to the above, there are 740,000 unvested employee share options
outstanding, vesting on 11 July 2025 at an average exercise price of NOK 11.19.
For further information, please contact:
Investors and financial media:
Haakon Brandrud, Director of Strategy and Corporate Development, ABL Group ASA
Email: haakon.brandrud@abl-group.com
Other media enquiries:
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no
About ABL Group
ABL Group (OSE: ABL Group ASA - ticker code "ABL") is a leading independent
global consultancy delivering energy, marine, engineering and digital solutions
to drive safety and sustainability in renewables, maritime and oil and gas
sectors. The group has offices in 43 countries worldwide and operates under four
brands: ABL, OWC, Longitude and AGR.