Ensurge Micropower ASA - Mandatory Notice of Trade for Primary Insider

Rhea-AI Summary

Ensurge Micropower ASA has announced the grant of subscription rights to its primary insiders. Lars Eikeland (CEO/CFO) and Arvind Kamath (EVP Technology Development) were granted these rights.

This announcement complies with the disclosure requirements under section 5-12 of the Norwegian Securities Trading Act. Further details can be found in the attached forms.

Positive

• Grant of subscription rights to CEO/CFO Lars Eikeland and EVP Technology Development Arvind Kamath.

Negative

• None.

Reference is made to the announcement by Ensurge Micropower ASA today regarding the grant of subscription rights in the Company, whereby primary insiders Lars Eikeland (CEO/CFO), and Arvind Kamath (EVP Technology Development) were granted subscription rights. 

Please see the enclosed forms for further details about the transactions.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Attachments

• Arvind Kamath
• Lars P Eikeland

FAQ

What did Ensurge Micropower ASA announce on the trade for primary insider?

Ensurge Micropower ASA announced the grant of subscription rights to primary insiders Lars Eikeland and Arvind Kamath.

Who were granted subscription rights by Ensurge Micropower ASA?

CEO/CFO Lars Eikeland and EVP Technology Development Arvind Kamath were granted subscription rights.

What is the significance of the announcement by Ensurge Micropower ASA?

The grant of subscription rights signifies a mandated notice of trade for primary insiders under the Norwegian Securities Trading Act.

Which law requires Ensurge Micropower ASA to disclose this information?

The disclosure is required under section 5-12 of the Norwegian Securities Trading Act.