Kahoot! ASA – Settlement and cancellation of options and restricted share units held by primary insiders
Kahoot! ASA (KAHOT) · publisert 2023-11-10 21:05 · vis på NewsWeb
Transaksjoner
| Person | Rolle | Type | Volum | Pris | Dato | ISIN | Handelsplass | Tolket via |
|---|---|---|---|---|---|---|---|---|
| Eilert Giertsen Hanoa | Chief Executive Officer (CEO) of Kahoot! ASA | exercise | 75 000 | 18,33 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Eilert Giertsen Hanoa | Chief Executive Officer (CEO) of Kahoot! ASA | exercise | 187 499 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Åsmund Grytting Furuseth | Chief Product Officer (CPO) of Kahoot! ASA | exercise | 93 749 | 13 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Åsmund Grytting Furuseth | Chief Product Officer (CPO) of Kahoot! ASA | exercise | 93 749 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Jostein Nydahl Håvaldsrud | Chief Technology Officer (CTO) of Kahoot! ASA | exercise | 83 333 | 14 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Jostein Nydahl Håvaldsrud | Chief Technology Officer (CTO) of Kahoot! ASA | exercise | 93 749 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Lars Erik Grønntun | Chief Operating Officer (COO) of Kahoot! ASA | exercise | 656 250 | 15,33 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Lars Erik Grønntun | Chief Operating Officer (COO) of Kahoot! ASA | exercise | 93 749 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Ken Østreng | Chief Financial Officer (CFO) of Kahoot! ASA | exercise | 525 000 | 19 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Ken Østreng | Chief Financial Officer (CFO) of Kahoot! ASA | exercise | 93 749 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Elizabeth Kleive | Chief Experience Officer (CXO) of Kahoot! ASA | exercise | 45 000 | 19 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Elizabeth Kleive | Chief Experience Officer (CXO) of Kahoot! ASA | exercise | 33 750 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Julie Wessel | VP Corporate development of Kahoot! ASA | exercise | 90 000 | 28,33 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Julie Wessel | VP Corporate development of Kahoot! ASA | exercise | 56 250 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Ranjit Mahida | General Counsel of Kahoot! ASA | exercise | 56 250 | 14 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Ranjit Mahida | General Counsel of Kahoot! ASA | exercise | 56 250 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Jonas Forslund | Director Investor Relations of Kahoot! ASA | exercise | 22 499 | 13 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Jonas Forslund | Director Investor Relations of Kahoot! ASA | exercise | 22 499 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Andreas Hansson | Chairperson of the board of directors of Kahoot! ASA | exercise | 84 244 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Christer Stefan Blom | Board member of Kahoot! ASA | exercise | 300 000 | 7 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Christer Stefan Blom | Board member of Kahoot! ASA | exercise | 84 244 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Joanne Kuhn Bradford | Board member of Kahoot! ASA | exercise | 84 244 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Lori Varner Wright | Board member of Kahoot! ASA | exercise | 84 244 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Charlotte Kristiansen | Employee representative on the board of directors of Kahoot! ASA | exercise | 6 481 | 13 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Charlotte Kristiansen | Employee representative on the board of directors of Kahoot! ASA | exercise | 5 625 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Alexander Remen | Employee representative on the board member of Kahoot! ASA | exercise | 120 000 | 33,33 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Alexander Remen | Employee representative on the board member of Kahoot! ASA | exercise | 56 250 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Iryna Zelenetska | Deputy employee representative on the board member of Kahoot! ASA | exercise | 6 481 | 13 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Iryna Zelenetska | Deputy employee representative on the board member of Kahoot! ASA | exercise | 5 625 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Marius Midttun | Deputy employee representative on the board member of Kahoot! ASA | exercise | 14 000 | 28,33 NOK | 2023-11-10 | NO0010823131 | – | rules |
| Marius Midttun | Deputy employee representative on the board member of Kahoot! ASA | exercise | 3 749 | 34,9 NOK | 2023-11-10 | NO0010823131 | – | rules |
Vedlegg
- PDMR - Options and RSUs 2023_11_10.pdf (tekst hentet ut)
Meldingstekst
Oslo, 10 November 2023
Reference is made to the stock exchange announcement on 9 October 2023 regarding the settlement of the recommended voluntary offer (the "Offer") by Kangaroo BidCo AS (the "Offeror") to acquire all outstanding shares in Kahoot! ASA ("Kahoot!") for a cash consideration of NOK 35.00 per share (the "Offer Price").
In accordance with the terms of the Share Options (as defined below) and the Transaction Agreement (as further described in the stock exchange announcement on 14 July 2023), all share options (the “Options”) and restricted stock units (the “RSUs” and together with the Options, the “Share Options”) that have vested prior to, or are scheduled to vest in the first 365 calendar days following the completion of the Offer, except the Options with a strike price equal to or above the Offer Price (the "Relevant Share Options"), shall be settled by Kahoot! in connection the completion of the Offer. All other Share Options will be cancelled.
The Relevant Share Options shall be settled in cash at a price equal to, in the case of the Options, the difference between the Offer Price and the strike price under the relevant Option, and in the case of RSUs, the difference between the Offer Price and the nominal value of the Kahoot! shares.
Settlement to holders of Relevant Share Options with a bank account in Norway will be provided today, and settlement to holders of Relevant Share Options with a bank account outside of Norway will be provided as soon as practicable possible.
In connection with the settlement of the Relevant Share Options, the following Relevant Share Options held by primary insiders will be settled:
• Eilert Hanoa(CEO): 712,499 Options for a total of NOK 10,562,237 and 187,499 RSUs for a total of NOK 6,543,715
• Åsmund Grytting Furuseth (CPO): 93,749 Options for a total of NOK 1,218,737, and 93,749 RSUs for a total of NOK 3,271,840
• Jostein Nydahl Håvaldsrud (CTO): 177,082 Options for a total of NOK 2,385,399 and 93,749 RSUs for a total of NOK 3,271,840.
• Lars Erik Grønntun (COO): 749,999 Options for a total of NOK 11,281,237 and 93,749 RSUs for a total of NOK 3,271,840.
• Ken Østreng (CFO): 618,749 Options for a total of NOK 11,193,737 and 93,749 RSUs for a total of NOK 3,271,840.
• Elizabeth Kleive (CXO): 78,750 Options for a total of NOK 1,327,500 and 33,750 RSUs for a total of NOK 1,177,875.
• Julie Wessel (VP Corporate development): 176,250 Options for a total of NOK 3,730,950, and 56,250 RSUs for a total of NOK 1,963,125.
• Ranjit Mahida (General Counsel): 56,250 Options for a total of NOK 785,500 and 56,250 RSUs for a total of NOK 1,963,125.
• Jonas Forslund (Director Investor Relations): 22,499 Options for a total of NOK 292,487 and 22,499 RSUs for a total of NOK 785,215
• Andreas Hansson (chairman): 84,244 RSUs for a total of NOK 2,940,116.
• Christer Stefan Blom (board member): 300,000 Options for a total of NOK 2,100,000 and 84,244 RSUs for a total of NOK 2,940,116.
• Joanne Kuhn Bradford (board member): 84,244 RSUs for a total of NOK 2,940,116.
• Lori Varner Wright (board member): 84,244 RSUs for a total of NOK 2,940,116.
• Charlotte Kristiansen (employee representative of the board of directors): 12,106 Options for a total of NOK 163,003 and 5,625 RSUs for a total of NOK 196,313.
• Alexander Remen (employee representative of the board of directors): 176,250 Options for a total of NOK 4,730,850 and 56,250 RSUs for a total of NOK 1,963,125.
• Iryna Zelenetska (deputy employee representative of the board of directors): 12,106 Options for a total of NOK 163,003 and 5,625 RSUs for a total of NOK 196,313.
• Marius Midttun (deputy employee representative of the board of directors): 17,749 Options for a total of NOK 449,105 and 3,749 RSUs for a total of NOK 130,840.
Following the cash settlement of the Relevant Share Options and cancellation of all other Share Options, the above primary insiders no longer hold any Options or RSUs in Kahoot!.
Required notifications are attached to this stock exchange announcement.
For further information please contact:
Ken Østreng, CFO
Phone: +47 911 51 686
Email: keno@kahoot.com
Jonas Forslund, Director Investor Relations
Phone: +358 40 595 0968
Email: jonasf@kahoot.com
This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.