Hexagon Purus ASA: Award of performance share units and restricted share units
13 Février 2024 - 11:05PM
UK Regulatory
Hexagon Purus ASA: Award of performance share units and restricted
share units
Hexagon Purus ASA ("Purus" or "the Group") has decided to
provisionally award up to 1,040,000 Restricted Share Units
("RSUs") and 1,940,000 Performance Share Units ("PSUs",
collectively, the "Units") which may result in an award of
maximum 4,920,000, shares to executive management and other
leading employees of the Group under the 2024 Long-Term
Incentive Program (the "LTIP").
The purpose of the program is to align the interests of the
participants with those of the Company's shareholders. The
number of shares the participants may receive under the PSUs
depends on the share price development of the Purus share and
has a cap at a share price of 50. Each vested PSU will give the
holder the right to receive up to two shares in the Company,
and each vested RSU will give the holder the right to receive
up to one share in the Company. All Units have an exercise
price corresponding to the par value of the shares (NOK 0.10).
The awards are in accordance with the Board of Directors'
remuneration policy for executive management. The Units are
non-transferable and will vest in February 2027, subject to
satisfaction of the applicable vesting conditions.
Of the grants, 1,260,000 Units were granted to PDMRs, as further
specified in the attached form
For more information:
Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com
About Hexagon Purus
Hexagon Purus enables zero emission mobility for a cleaner
energy future. The company is a world leading provider of hydrogen
Type 4 high-pressure cylinders and systems, battery systems and
vehicle integration solutions for fuel cell electric and battery
electric vehicles. Hexagon Purus' products are used in a variety of
applications including light, medium and heavy-duty vehicles,
buses, ground storage, distribution, refueling, maritime, rail and
aerospace.
Learn more at www.hexagonpurus.com and follow @HexagonPurus on
Twitter and LinkedIn
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
- Notification of PDMRs 13 February 2024
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