Goodtech's annual share savings program has been carried out in accordance with
the Group's guidelines for remuneration and based on authorizations granted at
the Annual General Meeting in 2025.
Reference is made to the guidelines for determining salary and other
remuneration for senior executives in Goodtech ASA ("Goodtech" or the
"Company"), as approved at the Annual General Meeting on April 24, 2025
("Executive Remuneration Guidelines").
Today, the Company has completed its annual share-based savings program for
employees of Goodtech ("Share Savings Program"), in which all employees are
given the opportunity to invest in shares in the Company at market price minus a
25% discount. 94 employees in the Group have subscribed for a total of 679,139
shares, with a total subscription amount of NOK 6,416,505. Based on the share
subscriptions in the Share Savings Program, the Board of Directors, pursuant to
the authorization granted by the Annual General Meeting on April 24, 2025, has
resolved to increase the Company's share capital by NOK 1,358,278 through the
issuance of 679,139 new shares with a nominal value of NOK 2 each.
The following primary insiders have subscribed for shares in the Share Savings
Program:
o Margrethe Hauge, Group CEO, 10,478 shares. New holding: 370,343 shares
o Erling Gresvoll Olsen, CSO, 10,478 shares. New holding: 166,715 shares
o Magne Reierson, COO, 10,478 shares. New holding: 67,713 shares
o Johan Håkansson, Business Development Director Sweden, 10,478 shares. New
holding: 59,996 shares
o Erland Lønnerød, employee representative on the Board, 10,478 shares. New
holding: 24,661 shares
o Håkon Skjåk-Bræk, employee representative on the Board, 10,478 shares. New
holding: 25,143 shares
Primary insider notifications pursuant to Article 19 of the Market Abuse
Regulation are attached.
Following the capital increase related to the implementation of the Incentive
Program and the Share Savings Program, Goodtech's share capital will amount to
NOK 60,616,020 divided into 30,308,010 shares with a nominal value of NOK 2 per
share, where each share carries one vote at the Company's General Meeting.
For further information, please contact:
Margrethe Hauge, CEO Goodtech ASA
Phone: +47 957 96 920
Email: Margrethe.hauge@goodtech.no
Anders Engelsen, CFO
Phone: +47 93 20 79 01
Email: anders.engelsen@goodtech.no
This information is subject to the disclosure requirements pursuant to Article
19 of the EU Market Abuse Regulation (MAR) and section 5-12 of the Norwegian
Securities Trading Act.