Ice Group ASA: Employee share ownership program

Reference is made to the announcement released 8 June 2020 regarding a new employee share ownership program in Ice Group ASA (ICEOP). The Board of Ice Group ASA has today resolved to issue 199,717 new shares in Ice Group ASA in connection with ICEOP 2020, each with a nominal value of 0.90 NOK. The subscription price is set at 15.09 NOK, the volume weighted share price on Oslo Børs over the last 20 trading days preceding 25 June 2020. The new shares will be issued within the coming weeks. Attached to this release is a list of primary insiders that have subscribed to ICEOP for 2020.

Disclaimer

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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About Ice Group ASA

Ice Group is a telecommunications company with nationwide networks in Norway and Denmark. In Norway, the company operates a pure 4G mobile network, providing smartphone, m2m, IoT and mobile broadband services to B2C and B2B customers. Ice Group also offers mobile broadband, m2m and IoT services in Denmark through its own network.

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