DLT ASA

05/24/2022 | Press release | Distributed by Public on 05/23/2022 23:13

DLT ASA: Grant of share options under the share incentive scheme

DLT ASA: Grant of share options under the share incentive scheme

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24 May 2022 07:00 CEST

Company Name

DLT ASA

ISN

NO0003055808

Market

Oslo Børs

Symbol

DLTX

(Oslo, 24 May 2022) DLT ASA (DLTx, OSE: DLTX) Grant of share options under the
share incentive scheme.

The board of directors of DLT ASA ("DLTx" or the "Company") has resolved to
grant in total 1 474 999 share options to members of the management and other
key employees subject to approval of the Company's share incentive scheme at
AGM.

Each option gives the option holder the right to subscribe or purchase one share
in the Company at an exercise price of NOK 6,6014 which is equal to the volume
weighted average of the share price the 30 working days prior to the grant date.
The options will vest 1/36 per month over a period of three years, and
automatically expire after five years after the Grant Date. The options will
otherwise be subject to such terms and conditions applicable for the Company's
option program as proposed approved by the AGM.

The following primary insiders were granted options:

Tim Furey (VP Acquisition), was granted 166 666 options, following which he
holds in total 166 666 options and 250 000 warrants in the Company.

Jonathan Mohan (Head of Partnership), was granted 333 333 options, following
which he holds in total 333 333 options and 773 333 warrants in the Company.

Roger Lund (VP Strategy), was granted 150 000 options, following which he holds
in total 600 000 options in the Company.

For further information please contact:
Thomas Christensen, CEO, +47 922 55 444
Andreas Arnesen, Investor Relations, +47 952 55 816

About DLTx | www.dltx.com

DLTx is an enterprise infrastructure provider for DAOs and public blockchains.
DLTx partners with best-in-class protocols enabling mining and services at
scale. The management and advisory board have considerable experience within the
blockchain ecosystem. DLTx supports core developers, runs validation nodes, hold
governance tokens and advise companies with the right technology, teams and
market prospects succeed.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

Source

DLT ASA

Provider

Oslo Børs Newspoint