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Former Lokotech Board Member Exercises 1.35 Million Share Options

Story Highlights
  • Former board member Harald Wibye exercised 1.35 million Lokotech options, adding NOK 636,646.50 in equity funding.
  • The option exercise triggers a forthcoming share capital increase and underscores Lokotech’s regulated market transparency obligations.
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Former Lokotech Board Member Exercises 1.35 Million Share Options

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The latest announcement is out from Harmonychain AS ( (DE:7EW) ).

Former board member Harald Wibye has exercised 1,350,000 share options in Lokotech Group AS at NOK 0.471590 per share, providing the company with a cash injection of NOK 636,646.50 and triggering an upcoming share capital increase once it is registered with the Norwegian Register of Business Enterprises. The transaction, carried out under the company’s established share option programme, underscores ongoing equity-based incentivisation for key stakeholders and is formally disclosed under EU Market Abuse Regulation and the Norwegian Securities Trading Act, highlighting Lokotech’s adherence to capital market transparency rules.

More about Harmonychain AS

Harmonychain AS, through its subsidiary Lokotech Group AS, operates in the technology and digital assets sector, where it develops and commercialises hardware and related solutions. The group is listed in Norway and is subject to EU Market Abuse Regulation and Norwegian securities legislation, reflecting its status as a regulated capital markets participant.

Average Trading Volume: 2,349,332

Current Market Cap: NOK487.6M

See more insights into 7EW stock on TipRanks’ Stock Analysis page.

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