Allocation of options

Reference is made to the stock notices of Funcom N.V. published on 20 April 2018 and on 1 June 2018 regarding the Annual General Meeting of Shareholders.

On 1 June 2018 the following Supervisory Directors and Managing Directors were granted rights to acquire the following number of (depositary ownership in) shares in the capital of Funcom N.V. as specified below (the “Option Rights”):

 

Supervisory Directors:

– Mr. Ole Gladhaug: 56,000 options. Number of stock options held after the grant is 141,000 and number of shares held is nil.  

– Mr. Alain Tascan: 38,000 options. Number of stock options held after the grant is 128,000 and number of shares held is nil.

– Mr. Fredrik Malmberg: 38,000 options. Number of stock options held after the grant is 88,000 and number of shares controlled is 4,460,000.

– Mr. Egil Kvannli: 38,000 options. Number of stock options held after the grant is 88,000 and number of shares held is nil.

– Mr. Andreas Arntzen: 38,000 options. Number of stock options held after the grant is 38,000 and number of shares held is nil.

 

Managing Directors:

– Mr. Rui Casais: 100,000 options. Number of stock options held after the grant is 389,291 and number of shares held is 40,000.

– Mr. Christian Olsthoorn: 38,000 options. Number of stock options held after the grant is 95,500 and number of shares held is nil.

 

The exercise price for the Option Rights granted to Supervisory Directors and Managing Directors is NOK 21.83, being the average volume-weighted share price on the Oslo Stock Exchange for the five trading days preceding and the five trading days following the Annual General Meeting held on 1 June.

Furthermore, following the mandate granted by Funcom N.V.’s General Meeting of Shareholders on 1 June 2018, the Supervisory Board of Funcom N.V. has granted on 29 June 2018 1,585,000 Option Rights to employees of the Company. The Option Rights granted to employees have been allocated to primary insiders as follows:

 

– Mr. Stian Drageset: 75,000 options. Number of stock options held after the grant is 135,000 and number of shares held is nil.

– Mr. Erling Ellingsen: 60,000 options. Number of stock options held after the grant is 188,888 and number of shares held is nil.

– Mr. Lawrence Poe: 60,000 options. Number of stock options held after the grant is 192,083 and number of shares held is nil.

– Mr. Ole Schreiner: 40,000 options. Number of stock options held after the grant is 266,000 and number of shares held is 14.004.

 

Other employees have been allocated 1,350,000 options to acquire shares in Funcom N.V.

The exercise price for the Option Rights granted to Employees is NOK 19.14, being the average volume-weighted share price on the Oslo Stock Exchange for the five trading days preceding and the five trading days following the date of the grant of the aforementioned rights (in other words until today).

The exercise of the Option Rights is subject to the relevant Standard Terms under the Share Incentive Program of Funcom N.V.

 

6 July 2018

Badhoevedorp, The Netherlands,

Funcom N.V.

This information is subject to the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act).

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