ABL Group ASA: Awards under Long Term Incentive Program (LTIP) and allocation of shares to primary insiders
Reference is made to ABL Group ASA’s (the Company’s) stock exchange notice dated 8 May 2025. Shares awarded as part of LTIP 2024, in total 229,146 shares, are now being delivered to the relevant employees, including to primary insiders. The remaining 50% of the LTIP 2024 awards will be delivered in 2027.
No shares were awarded as part of LTIP 2025. In addition, and in accordance with resolution on remuneration to the Board of Directors made at the Annual General Meeting held 28 May 2025, the Company's Board of Directors and an observer have been allocated a total of 42,000 shares. The shares have a lock-up of 24 months from the date of the 2025 Annual General Meeting.
All shares awarded will be settled through use of Company’s existing treasury shares. Following completion of the above allocations, ABL Group owns a total of 142,684 of its own shares, corresponding to 0,1069 % of ABL Group's share capital.
Details of all the primary insider's transactions pursuant to the Market Abuse Regulation article 19 are attached.
This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.
For further information, please contact: Investors and financial media: Stuart Jackson, Chief Financial Officer, ABL Group ASA Email: stuart.jackson@abl-group.com
Other media enquiries: Endre Johansen, Corporate Communications AS Telephone: +47 41 61 06 05 Email: endre.johansen@corpcom.no
About ABL Group ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil and gas sectors. The group has offices in 43 countries worldwide and operates under four main brands: ABL, OWC, Longitude and AGR.