Spotlio AS – Option award
(Oslo, 3 November 2023) Spotlio AS (Spotlio, Euronext Growth Oslo:SPOT) today announces an award of options to employees.
Reference is made to the authorizations provided by the Annual General Meeting of Spotlio held September 14th 2023 regarding award of options as part of Spotlio long term incentive plans.
Each option gives the right to buy one share in Spotlio AS.
Under the authorization, Spotlio has awarded the following options to employees under the November 2021 option plan:
* 3.500.000 Options at an average strike of NOK 0.40 per share.
These grants include the following grants to Primary Insiders:
* Ben Faden, CRO: 3.000.000 Options at strike NOK 0.40 per share
After this grant there are a total of 7.935.312 options outstanding, representing 4.0% of total shares outstanding. In addition, there are a total of 8.868.750 shares outstanding under existing incentive schemes. Hence, after this grant, there are a total of 16.804.062 options and shares outstanding under existing incentive schemes representing 8.5% of total shares outstanding.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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About Spotlio AS
Spotlio AS is a trailblazing force in destination digital technology, offering tailor-made solutions - from apps to e-commerce, and almost everything in between - that redefine the way consumers interact with resorts, parks, and attractions. With a decade-long legacy of excellence, Spotlio empowers clients with innovative white label digital solutions and pricing services, fostering connections and enhancing experiences on a global scale.
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