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Chairman and Management increase their shareholdings by selling off shares and subscribing for new shares in accordance with incentive program
Chairman Fredric Forsman, CEO Hosni Teque-Omeirat and COO Michael Irgens subscribe for 1.000.000, 1.600.000, 1.000.000 new shares in TargetEveryone in accordance with its incentive program, respectively. To finance the transactions, Fredric Forsman, Hosni Teque-Omeirat and Michael Irgens have recently sold 995.315 (avg. share price SEK 1,54), 1.459.500 (avg. share price SEK 1,95) and 995.000 (avg. share price SEK 1,97) shares in the market, respectively. With the above transactions carried out, Chairman, CEO and COO have increased their holdings by 4.685, 140.500 and 5.000 shares, respectively. The capital contribution in Targeteveryone amounts to SEK 5.400.000.
The incentive programs amounts to 15,000,000 warrants in total, of which 3,000,000 warrants have been aimed at the board and 12,000,000 aimed at management and key people within the company, with the right to subscribe for one new share for SEK 1.50 each during the period between December 31, 2019 to December 31, 2020. Fredric Forsman and Michael Irgens have utilized 1.000.000 of the allotted 1,500,000 warrants each, while Hosni Teque-Omeirat has utilized 1.600.000 warrants of his 3,750,000 allotted warrants.
The number of shares in TargetEveryone AB will amount to 167,711,621 and the share capital SEK 16,771,162.10 after the 3,600,000 new shares have been registered with the Swedish Companies Registration Office.
For further information contact:
Chairman of the Board
+46 73 978 78 44
Mangold Fondkommission AB (556585-1267)
Box 55 691 102 15 Stockholm
Telefon: +46 8 503 015 50
TargetEveryone is a MARTECH company, enabling our clients to streamline their 1-1 digital marketing, content and experiences within one SaaS online platform. Our unique solution makes marketeers able to easily target exactly the customers they want, and communicate with them in the channels they prefer, to maximize ROI. Our clients can easily segment their customers based on CRM data, market data and transactional data. Further, they can use a campaign editor to quickly build campaigns, and distribute these through our multichannel distribution system either by Email, SMS or SMS landing pages. TargetEveryone´s headquarter is in Oslo, with branch offices in Sweden, Holland and USA. TargetEveryone is listed on Nasdaq First North Growth Market in Stockholm and Merkur Market in Oslo.