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Otovo ASA Issues New Share Options to Key Employees

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An update from Otovo AS Class A ( (DE:89K) ) is now available.

Otovo ASA’s Board of Directors has issued 7,123,998 new share options to key employees as part of its share option programme, with a strike price set at NOK 1.41. The company has also adjusted the strike price and vesting period of existing options to align with the new issuance, resulting in a total of 14,346,330 options outstanding, which will be reported quarterly.

More about Otovo AS Class A

Otovo is a marketplace that simplifies the process for homeowners to install solar panels and home batteries. The company connects customers with local, vetted energy installers using proprietary technology to determine the best price and installer through an automatic bidding process.

YTD Price Performance: 90.0%

Technical Sentiment Signal: Buy

Current Market Cap: €37.15M

For detailed information about 89K stock, go to TipRanks’ Stock Analysis page.

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