Ensurge Micropower ASA - Mandatory Notice of Trade for Primary Insiders
On 20 August 2021, primary insiders of Ensurge Micropower ASA exercised Warrants B, converting them into new shares pending board approval. CEO Kevin Barber exercised 909,090 Warrants B for NOK 227,272.50, while board chair Morten Opstad exercised 33,693 Warrants B for NOK 8,423.25. Other notable exercises included Jon Castor with 909,090 Warrants for NOK 227,272.50, and Kelly Doss with 454,545 Warrants for NOK 113,636.25. Close associate Morten Opstad's K-Konsult AS exercised 1,818,193 Warrants for NOK 454,548.25. All transactions were executed outside a trading venue.
- Insider confidence indicated by significant warrant exercises.
- Total exercise price amounts to NOK 1,064,424.75, enhancing company capital.
- None.
Insights
Analyzing...
Oslo, 20 August 2021
This announcement is submitted on behalf of certain primary insiders in Ensurge Micropower ASA ("Ensurge" or the "Company").
The following primary insiders and close associates in Ensurge have duly exercised Warrants B in the Company. Each Warrant B will be converted into one new share in the Company upon approval of such exercise by the board of directors in the Company and payment of the exercise price of NOK 0.25 per share.
On 20 August 2021, Kevin Barber, CEO, exercised 909,090 Warrants B in the Company, the total exercise price of which is NOK 227,272.50.
On 20 August 2021, Morten Opstad, board chair, exercised 33,693 Warrants B in the Company, the total exercise price of which is NOK 8,423.25.
On 20 August 2021, Jon Castor, board member, exercised 909,090 Warrants B in the Company, the total exercise price of which is NOK 227,272.50.
On 20 August 2021, Kelly Doss, board member, exercised 454,545 Warrants B in the Company, the total exercise price of which is NOK 113,636.25.
On 20 August 2021, K-Konsult AS, close associate of Morten Opstad, exercised 1,818,193 Warrants B in the Company, the total exercise price of which is NOK 454,548.25.
On 20 August 2021, Marc O'Polo Norge AS, close associate of Morten Opstad, exercised 144,432 Warrants B in the Company, the total exercise price of which is NOK 36,108.
The above transaction notices are all initial notifications. The name of the entity is Ensurge Micropower ASA, and the Company's LEI is 5493007QXMCG0WPKFC96. The ISIN of the Company's Warrant B is NO0010887649. The above transactions were executed outside a trading venue.
Contact:
Ståle Bjørnstad - Investor Relations
E-mail: stale.bjornstad@ensurge.com
Phone: +47 99 16 76 72
Kevin Barber - Chief Executive Officer
E-mail: kevin.barber@ensurge.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
FAQ
What was the total amount exercised by Ensurge insiders on August 20, 2021?
Who exercised Warrants B in Ensurge Micropower ASA on August 20, 2021?
How many Warrants B did CEO Kevin Barber exercise?
What is the ISIN for Ensurge Micropower ASA's Warrant B?
