Xplora Technologies AS: Exercise of share options by primary insider and related transactions
Primary insider, Kjetil Fennefoss holding share options under Xplora Technologies AS' ("Xplora" or the "Company") share incentive program has today exercised a total of 166,666 options, each equal to one share. 125,000 shares are exercised at strike price of NOK 7.00 per share and 41,666 shares for a strike price of NOK 14.90 per share.
The exercised options will be settled by issuance of new shares in the Company, and the Company's board of directors has today resolved to issue 239,610 new shares, each with a nominal value of NOK 0.004, pursuant to a board authorization to issue new shares granted by the annual general meeting on 23 May 2025.
Following this, Kjetil Fennefoss holds 344,008 shares in the Company and 83,334 options in the Company.
Kjetil Fennefoss’ 166,666 new shares will be sold in the market by DNB. The results of the sales process will be announced in a separate stock exchange notice.
The exercised options have been granted in accordance with the Company's share option program described in the Company's latest annual financial statement.
This information is subject to disclosure requirements in Regulation EU 596/2014 (MAR) article 19 no. 3 and the Norwegian Securities Trading Act section 5-12.
For more information, please contact:
Sten Kirkbak, CEO, +47 92203710, [email protected]
Knut Stålen, CFO, +47 92043458, [email protected]
About Xplora Technologies AS: Xplora is a platform and services company delivering technology solutions that enable families to stay connected and safe. The company designs smart devices and services for Kids, Youths, and Seniors, combining secure communication with services promoting physical activity and digital balance. Founded in Norway, Xplora pioneered the Kids' smartwatch category in Europe and has since expanded its offering to include phones and solutions for the Youth and Senior markets. This positions Xplora as a leading European platform for family-centric services. The company is headquartered in Oslo, Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker XPLRA.