Avance Gas CEO Executes Share Options

Avance Gas Holding (AVACF) has released an update.

Øystein Kalleklev, CEO of Avance Gas, has exercised 131,250 share options with an adjusted strike price due to significant dividend payments since the options were granted. The transaction was cash-settled based on the closing price of the company’s shares at the Oslo Stock Exchange on October 4, 2024. Post-exercise, Kalleklev’s direct holding in the company includes 50,000 shares and 150,000 stock options due to vest in August 2025.

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