With reference to the announcement by NRC Group ASA ("NRC Group" or the "Company") on 3 May 2017 in connection with the Company's implementation of a senior management share option program, the Board of Directors in NRC Group has on 19 April 2018 granted a total of 400,000 share options.
Primary insiders in the Company have been granted the following share options:
The share options are granted based on the Company's achievement of certain quantitative goals for 2017 determined by the Board of Directors. The share options have a strike price of NOK 55 and can be exercised with 1/3 from grant date, 1/3 after 12 months and the remaining 1/3 after 24 months. All options expire after 36 months.
Following the grant, the primary insiders holds the following shares and options:
+47 91 74 15 92henning.olsen[at]nrcgroup.com