Green Minerals grants options to incoming CEO Monstad, departing CEO's options lapse

Green Minerals AS's board has approved the grant of 350,000 warrants to Ståle Monstad, who will become chief executive on January 1, 2026. The exercise price for these warrants is NOK 2 per share, with a three-year vesting period from the grant date. Following this award, Monstad will hold 15,870 shares and 600,000 options in the company.

Concurrently, with the departure of Øivind Dahl-Stamnes as chief executive and board member on the same date, 609,700 of his options will lapse and expire. However, a total of 300,300 options previously held by Dahl-Stamnes have vested.

Green Minerals AS focuses on delivering key minerals and rare earth elements for the green energy transition through responsible deep-sea mining.