(OSLO, Norway) - In connection with the annual employee share incentive program
of Crayon Group Holding ASA (the "Company" or "Crayon"), all employees of Crayon
and its subsidiaries for which an offer could be lawfully made have been offered
to subscribe for shares in the Company.
The employees have been offered to subscribe at the volume-weighted average
share price from March 25, 2022 to April 8, 2022 minus a 20% discount, resulting
in a subscription price of NOK 117.70 per share. In aggregate, approximately 900
employees, corresponding to 27% of eligible employees, participated in the
program.
The application period ended at April 8, 2022 and final allocation is expected
take place in May, 2022. The new shares issued to employees and board members as
part of the employee share incentive program will be subject to a lock-up period
of two years.
The following primary insiders have applied for shares:
Board of Directors:
Rune Syversen (Chairman): 2,124 shares
Jens Rugseth (member): 2,124 shares
Camilla Magnus (member): 2,124 shares
Grethe Viksaas (member): 2,124 shares
Jennifer Koss (member): 850 shares
Mette Wam (Employee rep.): 2,124 shares
Brit Smestad (Employee rep.): 2,124 shares
Christian Ødemark (Employee rep.): 2,124 shares
Timothy Jay Herland (Deputy employee rep.): 850 shares
Julie Lorch-Falch Chrissafopoulos (Deputy employee rep.): 340 shares
Executive Management:
Melissa Mulholland (CEO): 2,124 shares
Jon Birger Syvertsen (CFO): 2,124 shares
Florian Rosenberg (CTO): 2,124 shares
Abbey Lin (CCO): 850 shares
Investor contact:
Magnus Granerød
IR Manager
ir@crayon.com
About Crayon
Crayon is a customer-centric innovation and IT services company with over 3,300
employees across nearly 40 countries. We provide the best solutions for our
clients' business needs and budgets in software, cloud, AI, and big data. For
more information, visit www.crayon.com.