Norbit completes 2025 employee incentive program with high participation

NORBIT ASA has finalized its 2025 employee incentive share purchase program, involving 286 employees across the group. Participants acquired shares at a subscription price of NOK 172.481, based on the five-day average volume-weighted price prior to December 1, 2025. A total of 76,077 shares were subscribed for in this program, sourced from the company's existing treasury shares, meaning no new shares were issued.

The program is structured as a share matching initiative, offering participants the right to receive additional new shares equivalent to their invested amount after 24 months, provided specific conditions are met. Among the primary insiders, Mette Torp Eriksen, a related party to business unit director oceans Peter Koldgaard Eriksen, subscribed for 405 shares, totaling NOK 69,854.81. Sture Ingdal, finance director, also acquired 405 shares, amounting to NOK 69,854.81.

These transactions took place on December 9, 2025, outside a trading venue. This initiative underscores NORBIT's commitment to employee incentives, aligning staff interests with the company’s long-term performance.