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Arion Bank: Changes in company’s own shares
S&T Bancorp, Inc. +2.46%
Dow Jones Industrial Average +1.65%
S&P 500 INDEX +2.13%
NASDAQ +2.61%
STURGIS BANCORP INC -0.28%
S&T Bancorp, Inc. STBA | 38.38 | +2.46% |
Dow Jones Industrial Average DJI | 41488.19 | +1.65% |
S&P 500 INDEX SPX | 5638.94 | +2.13% |
NASDAQ IXIC | 17754.09 | +2.61% |
STURGIS BANCORP INC STBI | 18.05 | -0.28% |
A reference is made to a press release from Arion Bank, published 24 February 2025, regarding employee share option plan and a press release regarding share option agreements granted under the 2024 bonus scheme, published 10 March 2025.
Following the exercise of share options according to the employee share option plan, a total number of 4,532,369 shares were delivered to the company’s employees on 28 February 2025. The purchase price of the shares delivered is as follows:
- 2,398,530 shares were delivered at a price of ISK 95.5
- 1,795,376 shares were delivered at a price of ISK 153.75
- 338,463 shares were delivered at a price of ISK 155.75
Following the payment of bonus under the Bank ‘s bonus scheme 1,344,246 shares were delivered to the Bank’s employees on 10 March 2025. The purchase price of the shares delivered is as follows:
- 746,712 shares were delivered at a price of ISK 166
- 597,534 shares were delivered at a price of ISK 175.5
Following the delivery of the shares, Arion Bank holds 112,238,995 of its own shares and SDRs representing 7.42% of its total issued share capital.
