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Beskrivning

LandNorge
ListaEuronext Growth Oslo
SektorIndustri
IndustriJordbruk
Desert Control är verksamma inom bioteknik. Bolaget är specialiserade inom utveckling av biotekniska produkter som exempelvis gödselämnen. Produktportföljen inkluderar exempelvis en kemisk förening som används för att omvandla sand till odlingsbar jord. Utöver huvudverksamheten erbjuds även service och tillhörande kringtjänster. Verksamheten drivs med utgångspunkt ifrån huvudkontoret i Sandnes, Norge.
2024-03-12 11:23:47

Sandnes, Norway, 12 March 2024:

Reference is made to Desert Control AS' ("Desert Control" or the "Company") stock exchange announcement on 22 February 2024 regarding exercise of employee share options and share capital increase, as well as stock exchange announcement on 29 March 2023 regarding registration of the share capital and issuance of shares in connection with the exercise of options.

Primary insider of the Company Ole Kristian Sivertsen, CEO, received 120,000 shares in connection with the exercise of options. Ole Kristian Sivertsen has now transferred all of the 120,000 shares to his wholly owned company OKS Consulting AS, being a close associate of a primary insider of the Company. Primary insider notifications pursuant to the market abuse regulation article 19 are attached.

For further information, please contact:

Leonard Chaparian, Chief Financial Officer

+ 47 90 66 55 40

leonard.chaparian@desertcontrol.com

About Desert Control

Desert Control specializes in climate-smart AgTech solutions to combat desertification, soil degradation, and water scarcity. Its patented Liquid Natural Clay (LNC) restores and enhances soil ecosystems to reduce water usage and improve the efficiency of fertilizers and natural resources for agriculture, forests, and green landscapes. LNC enables sandy and arid soil to retain water and nutrients, thus increasing crop yields, plant health, and ecosystem resilience while preserving water and natural resources by up to 50%.

For more about Desert Control, visit https://www.desertcontrol.com

This information is subject to the disclosure requirements pursuant to the market abuse regulation article 19 and 5-12 of the Norwegian Securities Trading Act.