Avance Gas Holding (AVACF) has released an update.
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Øystein Kalleklev, CEO of Avance Gas, has exercised 131,250 share options with an adjusted strike price due to significant dividend payments since the options were granted. The transaction was cash-settled based on the closing price of the company’s shares at the Oslo Stock Exchange on October 4, 2024. Post-exercise, Kalleklev’s direct holding in the company includes 50,000 shares and 150,000 stock options due to vest in August 2025.
For further insights into AVACF stock, check out TipRanks’ Stock Analysis page.
