Brief: Kahoot To Settle In Cash All Vested Share Options

Kahoot ASA

09/11/2023 07:37

Nov 9 (Reuters) - Kahoot ASA  KAHOT.OL :
    * SUBJECT TO SETTLEMENT OF OFFER, COMPANY WILL SETTLE IN
CASH ALL
VESTED SHARE OPTIONS, INCLUDING SHARE OPTIONS VESTING AS A
RESULT OF OFFER
    * SETTLEMENT OF THESE SHARE OPTIONS WITH APPLICABLE PAYABLE
SOCIAL
SECURITY TAXES, AND COMPANY'S FEES TO FINANCIAL AND LEGAL
ADVISORS RELATED TO OFFER, IS IN TOTAL ESTIMATED TO HAVE A CASH
OUTFLOW EFFECT OF APPROX. $76 MILLION
    * IN Q3 WE MAINTAINED COST MANAGEMENT, CONTRIBUTING TO 30%
ADJUSTED EBITDA MARGIN AND 56% GROWTH YEAR-OVER-YEAR IN ADJUSTED
EBITDA

Source text for Eikon:  ID:nObit1rWka 
Further company coverage:  KAHOT.OL 

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