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Xplora Technologies Insider Exercises Share Options, Issuing New Shares

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Xplora Technologies Insider Exercises Share Options, Issuing New Shares

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Xplora Technologies AS ( (DE:86P) ) just unveiled an announcement.

Xplora Technologies AS announced that primary insider Kjetil Fennefoss has exercised 166,666 share options under the company’s share incentive program. The exercised options will result in the issuance of 239,610 new shares, with Fennefoss holding 344,008 shares and 83,334 options post-exercise. The new shares will be sold in the market by DNB, with results to be announced separately. This move is part of Xplora’s efforts to maintain transparency and align with regulatory requirements, potentially impacting its market operations and stakeholder interests.

More about Xplora Technologies AS

Xplora Technologies AS is a platform and services company focused on delivering technology solutions that keep families connected and safe. The company designs smart devices and services for kids, youths, and seniors, integrating secure communication with services that promote physical activity and digital balance. Founded in Norway, Xplora pioneered the kids’ smartwatch category in Europe and has expanded its offerings to include phones and solutions for the youth and senior markets. It is headquartered in Oslo, Norway, and operates in leading European markets, listed on Euronext Growth under the ticker XPLRA.

Average Trading Volume: 44,244

Current Market Cap: NOK2.14B

Learn more about 86P stock on TipRanks’ Stock Analysis page.

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