Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Nordic Halibut AS ( (DE:9K1) ) just unveiled an update.
Nordic Halibut AS has granted 75,000 share options to its CFO, Are Hammervik Strand, as part of its share option program for management and key employees. These options, exercisable at NOK 22.50 per share, will vest over two years contingent on the company meeting certain performance targets. This initiative is part of the company’s strategy to align management incentives with its growth objectives and enhance its market position.
More about Nordic Halibut AS
Nordic Halibut is a leading farmer of Atlantic halibut based in Western Norway, with headquarters in Averøy, Nordmøre. The company boasts a fully integrated value chain from genetics to sales and has achieved a significant breakthrough in early phase production. It has implemented a growth plan to expand production volumes, targeting 4,500 tonnes HOG by 2027 and 10,350 tonnes HOG by 2031, aiming to create shareholder value through organic growth.
YTD Price Performance: -7.91%
Technical Sentiment Signal: Buy
Current Market Cap: €92.49M
For an in-depth examination of 9K1 stock, go to TipRanks’ Stock Analysis page.