Core Points - The Board of Directors of SKEL has approved stock options for employees amounting to 3,591,141 shares [1] - The stock options aim to align the long-term interests of the company and its employees, following the remuneration policy approved at the Annual General Meeting on March 7, 2024 [2] - After this allocation, the total outstanding stock options for key employees will be 111,194,084 shares, representing approximately 5.92% of the company's share capital [3] Stock Option Details - The exercise price for the stock options is set at ISK 16.3 per share, based on the closing price on Nasdaq Iceland prior to the allocation date [4] - The stock options will have a three-year vesting period, with one-third exercisable immediately after vesting, and subsequent thirds exercisable one year apart [4] - A portion of the realized gain from the options, equal to 15% after taxes, must be retained in shares until employment termination, and options lapse if employment is terminated during the vesting period [4]
SKEL fjárfestingafélag hf.: Allocation of stock options
Globenewswire·2025-12-19 15:10