Guten Morgen 11/06-2007 07:50:04: (VIZ) EXERCISE OF OPTIONS Vizrt Chairman of the Board, President & CEO and Board Member Exercised Options On June 8th, 2007, after the closing of the stock exchanges, Svein Ove Strommen, Chairman, Bjarne Berg, President & CEO, and Gerhard Heiberg, Board Member, have exercised each 22,500 options into shares at an exercise price of USD 7.9 per share. Subsequently, Svein Ove Strømmen and Bjarne Berg have sold the 22,500 shares at a price of 17.00 Euro per share, and entered into a forward contract for 22,500 shares with delivery of the shares in January 31st, 2008 at a price of 17.7387 Euro per share. Consequently the number of shares in Vizrt Ltd. owned and controlled directly and indirectly by the three above mentioned directors were increase by 22,500 shares each. The options were part of the company`s option plan and as a result of the said exercise Strommen, Berg and Heiberg have 7,500 options remaining connected to the program. Following the said transactions;(i) Strommen owns and controls directly and indirectly a total of 794,265 shares, equivalent to 3.86% (ii) Berg owns and controls directly and indirectly a total of 652,492 shares, equivalent to 3.17% and, (iii) Heiberg owns and controls directly a total of 28,500 shares, equivalent to 0.14%. Following the above exercise of options, the total shares outstanding in Vizrt Ltd. has increased to 20,571,062. |
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aus der Diskussion: | VIZRT - Infosammlung |
Autor (Datum des Eintrages): | 132427 (11.06.07 09:16:07) |
Beitrag: | 25 von 80 (ID:29814911) |
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