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The latest update is out from Photocure ASA ( (PHCUF) ).
Photocure ASA has granted a total of 451,000 share options to its employees, representing approximately 1.83% of the company’s total shares. This move is part of their long-term incentive program, aligning with their remuneration guidelines approved in the recent annual general meeting. The issuance includes significant allocations to key executives and board members, indicating a strategic effort to retain and motivate leadership. The exercise price for these options is set at a 10% premium over the average share price, reflecting confidence in the company’s future performance.
More about Photocure ASA
Photocure ASA, known as The Bladder Cancer Company, specializes in innovative solutions to enhance the lives of bladder cancer patients. Their proprietary technology, which highlights cancer cells in bright pink, has improved patient outcomes globally. The company is based in Oslo, Norway, and is publicly traded on the Oslo Stock Exchange.
YTD Price Performance: -18.55%
Average Trading Volume: 46,993
Current Market Cap: NOK1.37B
Find detailed analytics on PHCUF stock on TipRanks’ Stock Analysis page.