Employee incentive program
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NORBIT โ Results of the 2025 employee incentive program and mandatory trade notification
Globenewswireยท 2025-12-09 09:52
Core Points - NORBIT ASA has approved an incentive share purchase program for its employees, with 286 participants involved [1] - The program is structured as a share matching initiative, allowing employees to acquire shares at market value and receive compensation in new shares equivalent to their investment after 24 months, contingent on certain conditions [2] - A total of 76,077 shares were subscribed in this year's program, with a subscription price set at NOK 172.481, based on the five-day average volume weighted price prior to December 1, 2025 [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 [5] - The Oceans segment offers technology solutions for global maritime markets, while the Connectivity segment provides wireless solutions for identification, monitoring, and tracking [5] - The Product Innovation & Realization segment delivers R&D services, proprietary products, and contract manufacturing to key customers [5] - The company is headquartered in Trondheim, employs around 650 people, and has manufacturing facilities in Europe and North America [5]