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Fjordkraft Holding ASA ( (DE:1ZK) ) has shared an announcement.
Fjordkraft Holding ASA’s board has approved the grant of 420,000 share options under the group’s long-term incentive program, significantly increasing equity-based compensation for key management and other employees, subject to final approval at the upcoming Annual General Meeting. Several primary insiders, including CEO Rolf Barmen and other senior executives, received sizeable option allocations, with all options vesting in February 2029 at a strike price of NOK 34, contributing to a total outstanding option pool of 2,475,667 and aligning leadership incentives more closely with shareholder value over the long term.
More about Fjordkraft Holding ASA
Fjordkraft Holding ASA is a Norwegian energy company operating in the electricity retail market, supplying power and related services to households and businesses. The group focuses on competitive power contracts and value-added energy services in a liberalised Nordic power market, where customer retention and cost-efficient operations are key to profitability.
Average Trading Volume: 195,891
Current Market Cap: NOK3.9B
For an in-depth examination of 1ZK stock, go to TipRanks’ Overview page.