Ensurge Micropower ASA - Grant of Incentive Subscription Rights
11 Novembre 2024 - 9:19PM
UK Regulatory
Ensurge Micropower ASA - Grant of Incentive Subscription Rights
The Board of Directors of Ensurge Micropower ASA
(the "Company") resolved on 11 November 2024 to grant a total of
210,000 incentive subscription rights to employees in the Ensurge
group. The grant was made under the Company's 2024 incentive
subscription rights plan, as resolved at the Annual General Meeting
on 14 May 2024. The exercise price of the subscription rights
is calculated to NOK 0.94017 per share. 50% of the
subscription rights will vest on the one-year anniversary of the
date of grant, and the remaining 50% will vest on the two-year
anniversary of the date of grant.
About Ensurge Micropower:
Ensurge is Energizing Innovation (TM) with the first ultrathin,
flexible, reliable, and fundamentally safe solid-state lithium
microbattery for the 1 to 100 milliampere-hour (mAh) class of
wearable devices, connected sensors, and beyond. The innovative
Ensurge Microbattery enables energy-dense rechargeable products
that are ideal for form-factor-constrained applications including
hearables (hearing aids and wireless headphones), digital and
health wearables, sports and fitness devices, and IoT sensor
solutions that use energy harvesting to power everyday things. The
company's state-of-the-art manufacturing facility, located in the
heart of Silicon Valley, combines patented process technology and
materials innovation with the scale of roll-to-roll production
methods to bring the advantages of Ensurge technology to
established and expanding markets.
For more information, please contact:
Lars Eikeland, Chief Executive Officer
E-mail: lars.eikeland@ensurge.com
This information is subject to the disclosure
requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act.
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