Photocure ASA Grants Share Options to Executive Leadership Team
Photocure ASA has granted 265,000 share options to its executive leadership team, representing 0.98% of the company's total shares. The exercise price is set at NOK 63.93 per share.
Photocure ASA, a Norwegian medical device company, announced on Friday the grant of 265,000 share options to members of its executive leadership team. This award accounts for 0.98% of the company's total issued shares.
The exercise price for these options has been set at NOK 63.93 per share. This price reflects the weighted average share price over the 30 trading days preceding the grant date, with an additional 10% premium.
The grant of these options is part of Photocure's long-term incentive program, designed to align the interests of the executive team with the company's long-term performance and value creation. The program and its conditions have been approved by the company's shareholders.
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