GeoJunxion (GOJXN.AS) grants a total of 65,400 share options to its management, employees, and long-standing contractors
November 01 2021 - 02:30AM
GeoJunxion (GOJXN.AS) grants a total of 65,400 share options to its
management, employees, and long-standing contractors
Capelle aan den IJssel, The
Netherlands – 1
November 2021 – GeoJunxion
(GOJXN.AS) is happy to announce that
it has granted share options to all its employees and a
limited selection of its long-standing contractors. A
total of 65,400 share options were awarded. The strike price
of the share options has been set at €1.55, corresponding
to the 90 days moving average of the share
price as per 30 June 2021. The share options
will vest in four equal quarterly portions, starting on 1
July 2023. They will vest at the 90 days average closing
prices of the GOJXN stock in the period
immediately preceding the vesting date. Settlement will
be in shares of the company.
This is the second
year that share options are granted under the
current scheme. The initial grant was announced in
a press release dated 29 October 2020.
The
Supervisory and Management boards believe
that granting all employees the possibility to
benefit from the improved operating results of the
company, through the allocation of share
options, will lead to stronger engagement and
ultimately better performance. This aligns our
employee’s interests with those of the shareholders,
which are focused on
long-term and sustainable value
creation.
Signed byThe Management Board
Ends
About
GeoJunxion
GeoJunxion is the
crossroads where fundamental, location-aware content connects with
superior, customised intelligence and highly focused innovations to
empower exceptional experiences. With an emphasis on safety and
sustainability, we are constantly expanding our portfolio to meet
the demands of a diverse and fast-evolving market. Building on
decades of experience in mapping, the company focuses on high
value, dynamic content and building environmentally conscious
applications, which enrich safety in everyday life. With
location-aware content at our core, we know where our strengths lie
and have the know-how and technology needed to offer unrivalled,
intelligent products and services.
GeoJunxion NV is
listed on the regulated market of Euronext Amsterdam, under the
symbol GOJXN.AS.
GeoJunxion Press
Contact Caroline Bombart, Head of
Marketing Tel: +31 (0)10 885 1200
Email: caroline.bombart@geojunxion.com
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