NORBIT ASA Initiates Employee Share Purchase Plan

Norbit ASA (DE:4NK) has released an update.

NORBIT ASA has launched an employee incentive share purchase program, with 209 staff participating and 135,430 shares subscribed. Shares were offered at a subscription price based on the average market value, with a potential compensation in new shares after two years if conditions are met. The program led to a share capital increase for the company by NOK 13,543.00.

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