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60 percent of the employees invest in the company

24 September 2015
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The employees of Link Mobilty Group (LINK) were invited to subscribe for shares in Link Mobility Group ASA through a share incentive program announced 11 May 2015 and 22 May 2015

60 per cent of LINK’s employees decided to invest in the company, subscribing for 268.997 shares at the price of NOK 27,80 per share, the closing value at Oslo Stock Exchange at the day of the announcement of the share incentive program. Of the total of NOK 7.478.116,60, NOK 6.163.790,80 is to be paid in cash and NOK 1.231.825,80 is to be paid through salary deductions over a 12 months period, in line with the statutory and regulatory requirements for such credit arrangements. Each employee was given a rebate of NOK 1.500.    

The following primary insiders have acquired shares in Link Mobility Group ASA through the incentive program:

  • Board Member and KAM Guro Røed, Link Mobility Group ASA, 1.079 shares
  • CFO Siw Ødegaard, Link Mobility Group ASA, 107.913 shares
  • Head of Accounting Kristian Lund, Link Mobility Group ASA, 2.000 shares
  • Business Controller Ivar Presttun, Link Mobility Group ASA, 3.597 shares
  • Head of Product Åse Marie Storsand, Link Mobilty AS, 413 shares
  • Head of Sales Bent Erik Johansen, Link Mobility AS, 3.232 shares
  • Head of Marketing Marius Røe, Link Mobility AS, 5.395 shares
  • Head of Operations Martin Sundberg, Link Mobilty AS, 1.258 shares
  • Managing Director Krister Tånneryd, Link Mobility AB, 32.374 shares
  • Head of Sales Fredrik Nymann, Link Mobility Group AB, 7.194 shares

After the transaction the primary insiders hold the following shares and warrants in Link Mobility Group ASA:

  • Board Member and KAM Guro Røed, Link Mobility Group ASA, 6.913 shares and 20.000 warrants
  • CFO Siw Ødegaard, Link Mobility Group ASA, 244.168 shares (136.255 through her company Kvinnesiden AS) and 20.000 warrants
  • Head of Accounting Kristian Lund, Link Mobility Group ASA, 2.000 shares
  • Business Controller Ivar Presttun, Link Mobility Group ASA, 393.477 shares (389.880 through his company Presttun AS)
  • Head of Product Åse Marie Storsand, Link Mobilty AS, 1.335 shares
  • Head of Sales Bent Erik Johansen, Link Mobility AS, 3.232 shares
  • Head of Marketing Marius Røe, Link Mobility AS, 9.395 shares
  • Head of Operations Martin Sundberg, Link Mobilty AS, 3.161 shares
  • Managing Director Krister Tånneryd, Link Mobility AB, 32.374 shares and 20.000 warrants
  • Head of Sales Fredrik Nymann, Link Mobility Group AB, 9.318 shares and 20.000 warrants

“I`m extremely pleased that as many as 60% of all LINK’s employees choose to invest in this employee share program. It shows that we have a highly motivated staff that truly believes in LINK and its future. Now its up to the Board, Management and employees to deliver on the trust in LINK`s future that lies in such a commitment” says Jens Rugseth, the Chairman of Link

After the issue of 268.997 new shares, the share capital will be NOK 8.652.311 divided into 8.652.311 shares of NOK 1 each.

For further information, please contact:

CFO Siw Ødegaard

Link Mobility Group ASA
Siw.odegaard@linkmobility.com
Mob: 47 95 75 98 48
Rosenkrantz’ gate 9, NO-0159 Oslo, Norway

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LINK Mobility is Europe's leading provider within mobile communications, specializing in messaging, digital services and intelligent data usage.

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