Oslo, 12 April 2024: Reference is made to the implementation of BlueNord ASA’s ("BlueNord" or the "Company") Long-Term Incentive Scheme (“LTI”) as announced on 19 September 2022.
Under the LTI programme an additional 90,234 BlueNord shares have been granted of which the BlueNord executive team has been allocated the following:
- Euan Shirlaw: granted a maximum of 13,187 shares, with total allocation of performance shares of maximum 47,319 shares under the LTI. In addition, Shirlaw has the right to receive 60,014 retention shares and he owns 3997 ordinary shares.
- Marianne Eide: granted a maximum of 6,610 shares, with total allocation of performance shares of maximum 28,015 shares under the LTI. In addition, Eide has the right to receive 26,406 retention shares in the Company and she owns 4,654 ordinary shares.
- Cathrine F. Torgersen: granted a maximum of 5,174 shares, with total allocation of performance shares of maximum 22,789 shares under the LTI. In addition, Torgersen has the right to receive 20,404 retention shares in the Company and she owns 3,782 ordinary shares.
- Jacqueline Lindmark Boye: granted a maximum of 6,592 shares, with total allocation of performance shares of maximum 16,024 shares under the LTI. Boye owns 552 ordinary shares.
Vesting will occur over a three-year period, with the entitlement to and number of shares determined on an annual basis.
See announcement on 19 September 2022 and the Executive Remuneration Report 2023 for further information about the terms of the LTI and the Retention Scheme.
This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and Section 5-12 the Norwegian Securities Trading Act.
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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com