Employee incentive

Search documents
NORBIT – Share issue in connection with incentive programs to employees
Globenewswire· 2025-08-19 05:00
Core Points - NORBIT ASA has approved incentive share purchase programs for eligible employees, allowing them to acquire shares at market value and receive compensation in new shares after 24 months if conditions are met [1][2] - A total of 35,075 shares will be awarded to employees who participated in the share matching program in 2023, delivered from existing treasury shares [2] - Following the share transactions, primary insiders will hold significant shares, including Peter Eriksen with 870,245 shares and Arild Søraunet with 712,011 shares [3] Company Overview - NORBIT ASA is a global provider of tailored technology solutions, focusing on sustainability and innovation across three business segments: Oceans, Connectivity, and Product Innovation & Realization [4] - The Oceans segment targets global maritime markets with specialized technology solutions, while the Connectivity segment offers wireless solutions for identification and tracking [4] - The company is headquartered in Trondheim, employs around 600 people, and has manufacturing facilities in Europe and North America [4]