27.02.2020 – Quarterly Report – Q4
27.08.2020 – Half-yearly Report
07.05.2020 – Annual Report
10.06.2020 – Annual General Meeting
28.05.2020 – Quarterly Report – Q1
29.10.2020 – Quarterly Report – Q3
This information is published pursuant to the requirements set out in the Continuing obligations.
The following primary insiders have today bought shares in AqualisBraemar ASA (“AqualisBraemar”):
Gross Management AS, a company controlled by Glen Rødland, Chairman, has bought 540,000 shares at an average price of NOK 4.20 per share. Following the transaction, Rødland and his close associates hold 10,024,777 shares in AqualisBraemar, representing 14.2% of the outstanding share capital.
Haakon Brandrud, Director of Strategy and Corporate Development, has bought 60,000 shares at an average price of NOK 4.20 per share. Following the transaction, he holds 185,200 shares and 135,000 share options in AqualisBraemar.
This information is subject to disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.
The following primary insiders have today bought shares in AqualisBraemar ASA (“AqualisBraemar”):
Gross Management AS, a company controlled by Glen Rødland, Chairman, has bought 116,781 shares in Aqualis, at an average price of NOK 3.58 per share. Following the transaction, Rødland and his close associates holds 9,484,777 shares in AqualisBraemar, representing 13.5% of the outstanding share capital.
Haakon Brandrud, Director of Strategy and Corporate Development, has bought 15,200 shares at an average price of NOK 3.58 per share. Following the transaction, he holds 125,200 shares and 135,000 share options in AqualisBraemar.
This information is subject to disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.
27.02.2020 – Quarterly Report – Q4
27.08.2020 – Half-yearly Report
07.05.2020 – Annual Report
10.06.2020 – Annual General Meeting
21.05.2020 – Quarterly Report – Q1
29.10.2020 – Quarterly Report – Q3
This information is published pursuant to the requirements set out in the Continuing obligations.
Oslo, 20 December 2019 – The Board of Directors of AqualisBraemar ASA (the “Company”) has implemented a long-term incentive plan (the “LTIP”) aimed to align the interests of the participating employees with those of the Company’s shareholders.
Under the LTIP, the Company has granted a total of 8,505,000 share options to selected employees, where each option will give the holder the right to acquire one share in AqualisBraemar ASA. The options are granted without consideration. The grant of options is based on the authorization granted by the annual general meeting on 11 June 2019 to issue new shares in connection with the Company’s employee incentive program.
The exercise price for the options is NOK 3.96, equal to the issue price in the rights issue and private placement completed on 9 July 2019. The options will vest and become exercisable on 11 June 2022, three years after the authorization granted by the annual general meeting. All unexercised options will expire nine months after vesting. Exercise periods will be set by the Company.
The options are non-tradable and conditional upon the option holder being employed by the Company and not having resigned prior to exercise.
Subject to certain conditions, the option holders are obligated to reinvest 25 percent of the pre-tax net gain on the options in AqualisBraemar shares, and to hold these shares for up to three years following exercise. One third of these shares will be released from this obligation for every year following exercise.
The Board of Directors may choose to settle the options by way of cash settlement in lieu of issuing new shares. Exercise terms may be reasonably adjusted by the Board of Directors in the event of dividend payments, share splits or certain other events relating to the equity share capital of the Company.
Primary insiders in the Company have received the following option grants, according to the terms described above:
Kim Boman, CFO, has been granted 135,000 share options. Following the grant, he holds 605,000 shares and 135,000 share options in the Company.
Reuben Segal, COO, has been granted 135,000 share options. Following the grant, he holds 1,502,923 shares and 135,000 share options in the Company.
Bader Diab, Regional MD Americas, has been granted 135,000 share options. Following the grant, he holds 1,001,302 shares and 135,000 share options in the Company.
Rodger Dickson, Group MD Rig Moving & Offshore Operations, has been granted 135,000 share options. Following the grant, he holds 619,500 shares and 135,000 share options in the Company.
Geoff Jones, Group MD Adjusting, has been granted 90,000 share options. Following the grant, he holds 90,000 share options in the Company.
Ben Lazenby, Regional MD Middle East & India, has been granted 135,000 share options. Following the grant, he holds 187,550 shares and 135,000 share options in the Company.
Mark Lomas, Regional MD Europe & Africa, has been granted 135,000 share options. Following the grant, he holds 135,000 share options in the Company.
Mark McGurran, Group MD Marine, has been granted 135,000 share options. Following the grant, he holds 135,000 share options in the Company.
Will Cleverly, Managing Director OWC, has been granted 135,000 share options. Following the grant, he holds 31,717 shares, 135,000 share options with exercise price NOK 3.96 and 30,000 share options with exercise price NOK 6.75.
Amish Sanghavi, Finance Director, has been granted 90,000 share options. Following the grant, he holds 330,553 shares and 90,000 share options in the Company.
David Brand, Finance Director, has been granted 90,000 share options. Following the grant, he holds 90,000 share options in the Company.
Haakon Brandrud, Director of Strategy and Corporate Development, has been granted 135,000 share options. Following the grant, he holds 110,000 shares and 135,000 share options in the Company.
Stuart Mill, Group Commercial Director, has been granted 90,000 share options. Following the grant, he holds 165,766 shares and 90,000 share options in the Company.
Santosh George, Group QHSE Director, has been granted 90,000 share options. Following the grant, he holds 253,325 shares and 90,000 share options in the Company.
Andreas Theophanatos, Director South Americas, has been granted 90,000 share options. Following the grant, he holds 619,747 shares and 90,000 share options in the Company.
Lisa Zaman, Group Operations & HR Director, has been granted 45,000 share options. Following the grant, she holds 45,000 share options in the Company.
Primary insider holdings above include indirect holdings and close associates.
Kim Boman, CFO, AqualisBraemar ASA
Telephone: +47 959 63 912
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no
AqualisBraemar ASA (OSE: Aqua) offers independent consultancy services to the offshore energy (oil & gas and renewables), shipping and insurance industries. The group employs specialist engineers, naval architects, master mariners, loss adjusters and technical consultants in 33 countries worldwide. AqualisBraemar ASA operates under three brands:
(Oslo, 12 December 2019) Reference is made to AqualisBraemar ASA’s (the “Company”) stock exchange notice on 6 December 2019 where the Company announced its intention to repurchase up to 100,000 shares in the Company for the purpose of meeting its obligations in respect of an employee’s share purchase program.
Today, the Company purchased 13,523 of its own shares at an average price of NOK 3.7561 per share under the buy-back program.
The Company has completed its share buy-back program, and a total of 100,000 own shares have been repurchased in the open market. The weighted average purchase price for the 100,000 shares was NOK 3.6859 per share.
Following these transactions, the Company owns a total of 100,000 own shares, representing 0.14% of the issued and outstanding share capital.
Kim Boman, CFO, AqualisBraemar ASA
Telephone: +47 959 63 912
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no
AqualisBraemar ASA (OSE: Aqua) is a public listed company that, through its subsidiaries and associates, offers adjusting, marine, offshore and renewables consultancy services to the energy, shipping and insurance industries. The group employs specialist engineers, naval architects, master mariners, loss adjusters and technical consultants in 48 offices located across 5 continents in 33 countries. AqualisBraemar ASA operates under three distinct brands globally:
Reference is made to AqualisBraemar ASA’s (the “Company”) stock exchange notice on 6 December 2019 where the Company announced its intention to repurchase up to 100,000 shares in the Company for the purpose of meeting its obligations in respect of an employee’s share purchase program.
Today, the Company purchased 11,477 of its own shares at an average price of NOK 3.7165 per share under the buy-back program.
Following these transactions, the Company holds 86,477 own shares, representing approximately 0.12% of the issued and outstanding share capital.
For further information about the buy-back program, please refer to the Company’s stock exchange announcement of 6 December 2019.
Kim Boman, CFO, AqualisBraemar ASA
Telephone: +47 959 63 912
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no
AqualisBraemar ASA (OSE: Aqua) is a public listed company that, through its subsidiaries and associates, offers adjusting, marine, offshore and renewables consultancy services to the energy, shipping and insurance industries. The group employs specialist engineers, naval architects, master mariners, loss adjusters and technical consultants in 48 offices located across 5 continents in 33 countries. AqualisBraemar ASA operates under three distinct brands globally:
Reference is made to AqualisBraemar ASA’s (the “Company”) stock exchange notice on 6 December 2019 where the Company announced its intention to repurchase up to 100,000 shares in the Company for the purpose of meeting its obligations in respect of an employee’s share purchase program.
Today, the Company purchased 25,000 of its own shares at an average price of NOK 3.6336 per share under the buy-back program.
Following these transactions, the Company holds 75,000 own shares, representing approximately 0.11% of the issued and outstanding share capital.
For further information about the buy-back program, please refer to the Company’s stock exchange announcement of 6 December 2019.
Kim Boman, CFO, AqualisBraemar ASA
Telephone: +47 959 63 912
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no
AqualisBraemar ASA (OSE: Aqua) is a public listed company that, through its subsidiaries and associates, offers adjusting, marine, offshore and renewables consultancy services to the energy, shipping and insurance industries. The group employs specialist engineers, naval architects, master mariners, loss adjusters and technical consultants in 48 offices located across 5 continents in 33 countries. AqualisBraemar ASA operates under three distinct brands globally:
Reference is made to AqualisBraemar ASA’s (the “Company”) stock exchange notice on 6 December 2019 where the Company announced its intention to repurchase up to 100,000 shares in the Company for the purpose of meeting its obligations in respect of an employee’s share purchase program.
Today, the Company purchased 25,000 of its own shares at an average price of NOK 3.633 under the buy-back program.
Following these transactions, the Company holds 50,000 own shares, representing approximately 0.07% of the issued and outstanding share capital.
For further information about the buy-back program, please refer to the Company’s stock exchange announcement of 6 December 2019.
Kim Boman, CFO, AqualisBraemar ASA
Telephone: +47 959 63 912
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no
AqualisBraemar ASA (OSE: Aqua) is a public listed company that, through its subsidiaries and associates, offers adjusting, marine, offshore and renewables consultancy services to the energy, shipping and insurance industries. The group employs specialist engineers, naval architects, master mariners, loss adjusters and technical consultants in 48 offices located across 5 continents in 33 countries. AqualisBraemar ASA operates under three distinct brands globally:
Reference is made to AqualisBraemar ASA’s (the “Company”) stock exchange notice on 6 December 2019 where the Company announced its intention to repurchase up to 100,000 shares in the Company for the purpose of meeting its obligations in respect of an employee’s share purchase program.
Today, the Company purchased 25,000 of its own shares at an average price of NOK 3.7391 per share under the buy-back program.
Following these transactions, the Company holds 25,000 own shares, representing approximately 0.04% of the issued and outstanding share capital.
For further information about the buy-back program, please refer to the Company’s stock exchange announcement of 6 December 2019.
Kim Boman, CFO, AqualisBraemar ASA
Telephone: +47 959 63 912
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no
AqualisBraemar ASA (OSE: Aqua) is a public listed company that, through its subsidiaries and associates, offers adjusting, marine, offshore and renewables consultancy services to the energy, shipping and insurance industries. The group employs specialist engineers, naval architects, master mariners, loss adjusters and technical consultants in 48 offices located across 5 continents in 33 countries. AqualisBraemar ASA operates under three distinct brands globally:
