Mandatory notification of trade
23 December 2021 - 07:11PM
Mandatory notification of trade
(23 December 2021) Reference is made to the stock exchange
announcements by Kitron ASA ("Kitron" or the "Company") on 22
December 2021 regarding a completed private placement (the "Private
Placement") where the Company allocated 17,910,399 new shares (the
"New Shares") at a subscription price of NOK 19.50 per share (the
"Subscription Price").
In connection with the Private Placement, the following persons
discharging managerial responsibilities (the "Primary Insiders")
were allocated New Shares in the Private Placement at the
Subscription Price:
- Chairman in Kitron, Tuomo Lähdesmäki, was allocated 51,561 New
Shares.
- CEO in Kitron, Peter Nilsson, was allocated 208,000 New
Shares.
- CFO in Kitron, Cathrin Nylander, was allocated 86,875 New
Shares.
- COO in Kitron, Kristoffer Asklöv, was allocated 51,561 New
Shares.
- CTO in Kitron, Stian Haugen, was allocated 51,561 New
Shares.
Primary insider notifications pursuant to the market abuse
regulation article 19 are attached.
For further information, please contact: Peter Nilsson,
President and CEO, tel. +47 94 84 08 50 Cathrin Nylander, CFO, tel:
+47 900 43 284 E-mail: investorrelations@kitron.com
Kitron is a leading Scandinavian electronics manufacturing
services company for the Connectivity, Electrification, Industry,
Medical devices and Defence/Aerospace sectors. The company is
located in Norway, Sweden, Lithuania, Germany, Poland, China and
the United States. Kitron had revenues of about NOK 4.0 billion in
2020 and has about 1 800 employees. www.kitron.com
This information is subject to the disclosure requirements
pursuant to the market abuse regulation article 19 and 5-12 of the
Norwegian Securities Trading Act.
- Kitron ASA Primary insider notifications
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