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Xplora Technologies AS ( (DE:86P) ) has issued an announcement.
Xplora Technologies’ share incentive program has prompted employees to exercise 117,611 share options during a March exercise window, with the options struck at NOK 14.90 and NOK 13.10 per share. The exercised options will be settled through the issuance of an equivalent number of new shares, modestly diluting existing shareholders while reinforcing employee ownership.
Following the issuance, Xplora’s share capital will rise to NOK 191,418.492, divided into 47,854,623 shares, each with a nominal value of NOK 0.004. The move reflects continued use of equity-based incentives to align staff interests with long-term company performance and may signal management’s confidence in the firm’s strategic direction and market prospects.
More about Xplora Technologies AS
Xplora Technologies AS is a Norway-founded technology company that develops smart devices, services and communication solutions for children, youth and seniors, aiming to keep families connected, safe and digitally balanced. As a pioneer of the kids’ smartwatch category in Europe, it serves family needs through its Xplora and Doro brands, with operations across leading European markets and North America and a listing on Euronext Growth under the ticker XPLRA.
Average Trading Volume: 159,155
Current Market Cap: NOK2.31B
See more data about 86P stock on TipRanks’ Stock Analysis page.