Kitron: Allocation of options
Globenewswire·2025-10-23 11:42

Core Points - Kitron ASA's board of directors has approved the issuance of 1,600,000 options under its long-term incentive program for the period 2024 to 2030 [1] - The options are divided into two subprograms: 800,000 options for Subprogram A (2024 – 2027) and 800,000 options for Subprogram B (2025 – 2028) [2] - A total of 1,030,000 options are allocated to primary insiders, in compliance with market abuse regulations [3] Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company, serving sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [3] - The company operates in multiple countries, including Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States [3] - Kitron employs approximately 2,400 individuals and reported revenues of EUR 647 million in 2024 [3]