Endur insiders boost holdings after exercising share options

Jeppe Raaholt, Endur ASA's chief executive, exercised 40,000 options at NOK 42.74 per share. These shares were then transferred to his close associate, Rabjorn AS. To cover the strike price and tax expenses, Rabjorn AS sold 30,000 shares at NOK 86.75 per share. Raaholt, through Rabjorn AS, increased his total shareholding by 10,000 shares to 318,857, while retaining 680,000 share options.

Einar Olsen, chief financial officer, exercised 30,000 options at NOK 42.74 per share. The shares were transferred to his close associate, Red Devil Holding AS. Red Devil Holding AS subsequently sold 22,385 shares at NOK 86.75 per share. Olsen, through Red Devil Holding AS, increased his shareholding by 7,615 shares to 90,500 and holds 450,000 share options.

Pal Reiulf Olsen, chair of the board, exercised 10,000 options at NOK 42.74 per share. These shares were transferred to his close associate, Poca Invest AS. Following these transactions, Pal Reiulf Olsen and Poca Invest AS jointly hold 156,399 shares and nil share options. All transactions took place on September 18, 2025.