Limassol, June 25th 2025
The Board of Directors of S.D. Standard ETC Plc ("SDSD" or the "Company") has
been informed of an exercise of a total of 10,000,000 share options by Espen
Fjermestad, Head of Investments. These options are part of a share option
package granted to Fjermestad at his appointment to the position as Head of
Investments in June 2021.
The share options are exercised at a price of NOK 1.20 per share, which equals
the original exercise price of NOK 1.40 adjusted for a dividend distribution of
NOK 0.20 per share in November 2024. The Company's Board of Directors has
resolved to cash settle the exercised share options, which means that the
Company will pay an amount to Fjermestad equal to the difference between the
exercise price of NOK 1.20 per share and yesterday's closing share price per
SDSD share of NOK 1.845.
Further information about the transaction is included in the attached
notification form.
For further information, please contact:
ENDS
For further information, please contact:
General Manager, Evangelia Panagide at +357 99 77 11 16
The information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
About Standard-ETC | standard-etc.com S.D. Standard ETC is an investment company
founded in 2010. The company holds a concentrated investment portfolio including
a 42% ownership in Standard Supply AS (Euronext Growth: STSU). S.D. Standard ETC
is headquartered in Cyprus and listed on the Oslo Stock Exchange under the
ticker SDSD