Circio Holding ASA: Issuance of restricted stock units (RSUs) to board member

Summary by AI BETAClose X

Circio Holding ASA's annual general meeting authorized the board to extend its restricted stock unit program, allowing directors to receive compensation in RSUs instead of cash. Board remuneration is set at NOK 575,000 for the chairperson, NOK 350,000 for other members, and NOK 180,000 for deputy members, with RSUs issued at NOK 0.60 per share based on a 10-day weighted average share price of NOK 8.7966 prior to the meeting. Deputy board member Robert Burns elected to receive one-third of his remuneration in RSUs, resulting in the issuance of 6,821 RSUs to him.

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UK 100

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