Investor Relations Archive (2005 - 2010)
Allocation of Options
Published on (2009-03-06 09:09:51)
Pursuant to the mandate granted by Funcom N.V.`s EGM of 19 December 2008, the Management Board of Funcom N.V., with the approval of the Supervisory Board of Funcom N.V., has issued 2,032,800 options to acquire shares in Funcom N.V.
With regard to these options the purchase price will be the average volume-weighted share price on the Oslo Stock Exchange for the five days preceding and the five days following the date the options are granted, March 5, 2009. One third of the options are vested each of the three years subsequent to the date of grant. The exercise of these options is subject to the Standard Terms under the Share Incentive Program of Funcom N.V.
The options to acquire shares in Funcom N.V. have been allocated as follows:
- Ole Schreiner, VP Operations: 100,200 options, number of stock options after the transactions are 143,200 and number of shares are 10.000.
- Bjørn Toften, Director of Corporate Accounting: 100,200 options, number of stock options after the transactions are 100,200 and number of shares are 0.
- Morten Larssen, VP Sales & Marketing, 100,200 options, number of stock options after the transactions are 148,600 and number of shares are 0.
- Monica Telle, Accounting, 15,000 options, number of stock options after the transactions are 17,100 and number of shares are 0.
- Other key individuals: a total 1,717,200 options
5 March 2009
Funcom N.V.