ABL Group executives exercise options, boosting share capital

ABL Group ASA has completed an exercise of 2,332,500 employee share options from its LTIP 2020 program at an exercise price of NOK 4.68 per share. This led to a share capital increase of NOK 233,250.00, achieved by issuing 2,332,500 new shares with a par value of NOK 0.1 each. Post-transaction, ABL Group’s share capital stands at NOK 13,342,536.70, divided into 133,425,367 shares.

Among the primary insiders, RV Ahilan, chief energy transition officer, exercised 100,000 options, increasing his total holdings to 987,705 shares. Ahilan, along with other option holders, transferred the rights to receive shares to a third party, with net proceeds to be determined post-market sale and announced separately. The exercise date for this transaction was September 9, 2025.

Following these exercises, 740,000 vested share options with an exercise price of NOK 10.69 remain outstanding, set to expire on April 11, 2026.