OTOVO ASA TheOtovo board of directors has on28 February 2024 resolved to issue 417,860 shares under the authorisation given at the company's general meeting on25 April 2023 , in relation to the company's share purchase programme. The programme was established inDecember 2020 and the participants that are still employed after three years receive one retention share for every two shares purchased at the start of the program. The shares issued now are subscribed at the nominal value ofNOK 0.1 . The average amount the participants have paid per share under the programme will beNOK 6.05 (incl. tax) after the issuance of retention shares. The following primary insiders and close associated have subscribed for shares in the issue:Andreas Thorsheim (through Andmar Operations AS): 7,150 sharesSimen Fure Jørgensen (through Simvest AS): 7,150 shares Inigo Amoribieta: 71,520 sharesPaulina Ackermann : 71,520 sharesLars Ekeland : 71,520 shares All primary insiders subscribed the maximum amount available to them. Details of the transactions are attached. *** This information is subject to disclosure under the Norwegian Securities Act section §5-12. *** AboutOtovo : For homeowners,Otovo is the easiest way to get solar panels on the roof.Otovo is a marketplace that organizes hundreds of local, high-quality, and qualified energy installers. The company uses its proprietary technology to analyze the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers. Follow us on investor.otovo.com for reports, financial calendar, contact details, and more.
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