poLight ASA (the “Company“) has a general share option scheme, whereby share options in the Company are granted to all employees. The Company has further an agreement with Pareto Securities AS (the “Manager“) to facilitate a sale of shares for those that choose to exercise and sell shares to be issued pursuant to the exercised options. This solution is facilitated by a share lending agreement entered into with the Manager and Investinor Direkte AS, a close associate of Ann-Tove Kongsnes, Chair of the Board of Directors (the “Share Lender“). 5 employees have notified the Company that they wish to exercise, of which 4 employees have decided to sell its shares, and the Manager has consequently entered into a share lending agreement with the Share Lender in the amount of 3,749 shares.
Further information about the transaction is set out in the attached form.