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Horisont Energi Reissues 750,000 Stock Options to Employees

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Horisont Energi Reissues 750,000 Stock Options to Employees

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The latest update is out from Horisont Energi AS ( (DE:9GJ) ).

Horisont Energi AS has reissued 750,000 stock options under its existing stock option program, which was previously approved by the company’s general meeting. This reissuance involves options that were previously granted but lapsed, cancelled, or remained unexercised, with a strike price of NOK 1.20 per share, a vesting period of two years, and an expiration date set for December 23, 2027. This move aims to incentivize all employees, including five primary insiders, by awarding them 50,000 stock options each, potentially impacting employee retention and motivation.

More about Horisont Energi AS

YTD Price Performance: -15.65%

Average Trading Volume: 31,842

Current Market Cap: NOK27.8M

Find detailed analytics on 9GJ stock on TipRanks’ Stock Analysis page.

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