Kurs & Likviditet
Beskrivning
| Land | Färöarna |
|---|---|
| Lista | OB Match |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
As a part of P/F Bakkafrost's share-based bonus scheme for employees, the board of directors has resolved to issue a total of 77,012 new shares, each with a par value of DKK 1, and to increase the share capital from DKK 59,227,607 to DKK 59,304,619.
The new shares were issued under an authorization in the articles of association section 4A. The share capital increase pertaining to the new shares is registered with the Faroe Registration Authority, and the new share capital is DKK 59,304,619, divided by 59,304,619 shares, each with a par value of DKK 1. The new shares are expected to be delivered on or about 22 May 2024. The new shares will be tradable upon delivery.
Bakkafrost implemented the share-based bonus scheme in 2021 for all employees in the group. According to the scheme, all employees are awarded a combination of free Bonus Shares and Restricted Shares with a 3-year vesting period. The award is dependent on achieved performance against certain profitability and sustainability KPIs, and subject to Bakkafrost group's adjusted earnings per share being above a certain threshold. The Bonus Shares and Restricted Shares are awarded quarterly as restricted share units which are released if the annual general meeting resolves to pay dividends to the shareholders for the year the bonus concerns. However, the Restricted Shares units are not released to the employees until after the 3-year vesting period, subject to the employee still being employed at that time.
The following primary insiders received Bonus Shares in this transaction:- Regin Jacobsen, CEO, received a total of 1,136 Bonus Ahares. After the transaction, he holds 4.641.732 shares.
- Høgni Dahl Jakobsen, CFO, received a total of 790 Bonus Shares. After the transaction, he holds directly and indirectly, 77,970 shares.
- Odd Eliasen, MD Havsbrún, received a total of 790 Bonus Shares. After the transaction, he holds 187,748 shares.
- Annika Frederiksberg, Sales Manager, received a total of 158 Bonus Shares. After the transaction, she holds directly and indirectly, 17,025 shares.
- Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)
- Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.