AutoStore Holdings Ltd. – Long-term incentive plan 2025 grants
Idag, 19:42
AutoStore Holdings Ltd. – Long-term incentive plan 2025 grants
(Nedre Vats, 15 September 2025): The remuneration committee, a subcommittee of the board of directors of AutoStore Holdings Ltd. (the "Company" or "AutoStore", OSE: AUTO), has, on 14 September 2025, approved new grants under the long-term incentive plan for 2025 ("LTIP") for certain members of the Company's management and other leading employees (the "Executives") in line with the terms as adopted by the annual general meeting of the Company held on 19 May 2022. The LTIP was first launched in 2022 and continued in 2023, 2024 and now in 2025. The LTIP is designed to strengthen the Executives retention through the awarding of rolling out annual LTIP grants.
Under the LTIP, the Executives are awarded a conditional grant of share options, performance share units (“PSUs”) and/or restricted stock units ("RSUs"). The share options and RSUs are issued to focus the Executives on such activities which promote share price appreciation. The PSUs are issued to provide a mechanism to incentivize and reward the achievement of strategic goals, in pursuit of sustainable value creation. The incentive vehicles therefore encourage the LTIP participants to act in the best interests of the Company for the benefit of shareholders and wider stakeholder groups.
The total number of options that will be awarded under the LTIP for 2025 is 4,457,588, where each option will give the holder the right to acquire one AutoStore share from the Company. The options under the LTIP for 2025 shall vest on 14 September 2028 and can be exercised within 36 months with a strike price of NOK 7.9739 per option.
The total number PSUs that will be awarded under the LTIP for 2025 is 3,328,426. Vesting of the PSUs is based on the achievement of financial or other performance goals, and may only be vested by the holder upon approval of the board of directors in their sole discretion. Once vested, each PSU will award the holder with one AutoStore share.
The total number of RSUs that will be awarded under the LTIP for 2025 is 4,178,668. The RSUs are subject to a time based vesting and shall vest on the date falling 36 months following the date of grant.
The primary insiders of the Company, Mats Hovland Vikse (Chief Executive Officer), Paul Harrison (Chief Financial Officer), Israel Losada Salvador (Chief Operating Officer), Carlos Fernandez (Chief Solutions Officer), Bendik Førre (Chief Strategy Officer), Parth Joshi (Chief Product Officer), Jenny Sveen Hovda (General Counsel) and Keith White (Chief Commercial Officer) have been awarded a total of 4,457,588 options and 3,328,426 PSUs under the LTIP for 2025.
This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Hiva Flåskjer, SVP Investor Relations, AutoStore AS
Telephone: +47 958 66 790 I hiva.flaskjer@autostoresystem.com
About AutoStore | www.autostoresystem.com
AutoStore, founded in 1996, is a technology company that develops order -fulfillment solutions to help businesses achieve efficiency gains within the storage and retrieval of goods. The company offers both hardware and software capabilities and the AutoStore technology is interoperable with other third -party solutions. AutoStore is global, with ~1,750 Systems in 60 countries. All sales are distributed, designed, installed, and serviced by a network of qualified system integrators referred to as "partners". AutoStore was founded in Nedre Vats, on the west coast of Norway. The company has offices in Norway, the U.S., UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia, and Singapore, as well as assembly facilities in Poland and Thailand.
Ämnen i artikeln
AutoStore Holdings Ltd. – Long-term incentive plan 2025 grants
Idag, 19:42
AutoStore Holdings Ltd. – Long-term incentive plan 2025 grants
(Nedre Vats, 15 September 2025): The remuneration committee, a subcommittee of the board of directors of AutoStore Holdings Ltd. (the "Company" or "AutoStore", OSE: AUTO), has, on 14 September 2025, approved new grants under the long-term incentive plan for 2025 ("LTIP") for certain members of the Company's management and other leading employees (the "Executives") in line with the terms as adopted by the annual general meeting of the Company held on 19 May 2022. The LTIP was first launched in 2022 and continued in 2023, 2024 and now in 2025. The LTIP is designed to strengthen the Executives retention through the awarding of rolling out annual LTIP grants.
Under the LTIP, the Executives are awarded a conditional grant of share options, performance share units (“PSUs”) and/or restricted stock units ("RSUs"). The share options and RSUs are issued to focus the Executives on such activities which promote share price appreciation. The PSUs are issued to provide a mechanism to incentivize and reward the achievement of strategic goals, in pursuit of sustainable value creation. The incentive vehicles therefore encourage the LTIP participants to act in the best interests of the Company for the benefit of shareholders and wider stakeholder groups.
The total number of options that will be awarded under the LTIP for 2025 is 4,457,588, where each option will give the holder the right to acquire one AutoStore share from the Company. The options under the LTIP for 2025 shall vest on 14 September 2028 and can be exercised within 36 months with a strike price of NOK 7.9739 per option.
The total number PSUs that will be awarded under the LTIP for 2025 is 3,328,426. Vesting of the PSUs is based on the achievement of financial or other performance goals, and may only be vested by the holder upon approval of the board of directors in their sole discretion. Once vested, each PSU will award the holder with one AutoStore share.
The total number of RSUs that will be awarded under the LTIP for 2025 is 4,178,668. The RSUs are subject to a time based vesting and shall vest on the date falling 36 months following the date of grant.
The primary insiders of the Company, Mats Hovland Vikse (Chief Executive Officer), Paul Harrison (Chief Financial Officer), Israel Losada Salvador (Chief Operating Officer), Carlos Fernandez (Chief Solutions Officer), Bendik Førre (Chief Strategy Officer), Parth Joshi (Chief Product Officer), Jenny Sveen Hovda (General Counsel) and Keith White (Chief Commercial Officer) have been awarded a total of 4,457,588 options and 3,328,426 PSUs under the LTIP for 2025.
This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Hiva Flåskjer, SVP Investor Relations, AutoStore AS
Telephone: +47 958 66 790 I hiva.flaskjer@autostoresystem.com
About AutoStore | www.autostoresystem.com
AutoStore, founded in 1996, is a technology company that develops order -fulfillment solutions to help businesses achieve efficiency gains within the storage and retrieval of goods. The company offers both hardware and software capabilities and the AutoStore technology is interoperable with other third -party solutions. AutoStore is global, with ~1,750 Systems in 60 countries. All sales are distributed, designed, installed, and serviced by a network of qualified system integrators referred to as "partners". AutoStore was founded in Nedre Vats, on the west coast of Norway. The company has offices in Norway, the U.S., UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia, and Singapore, as well as assembly facilities in Poland and Thailand.
Ämnen i artikeln
Fonder
-992x558.webp&w=3840&q=75)
Analyser
Aktierekommendationer
Aktiemarknaden
-992x558.webp&w=3840&q=75)
Fonder
Analyser
Mest läst
Aktierekommendationer
Aktiemarknaden
Senaste nytt
Marknadsöversikt
OMX Stockholm 30
1 DAG %
0,08%
Senast
2 637,44
1 mån
Loading market data...
