SOLON EIENDOM ASA
STOCK EXCHANGE ANNOUNCEMENT
(Oslo, 13 February 2017) Scott Danielsen appointed Chief Financial Officer of Solon Eiendom ASA with immediate effect, also granted share options.
"We are happy to announce Scott as the new Chief Financial Officer of Solon Group. Scott has extensive experience as a financial executive from performance-driven publicly listed and private equity owned companies, and his background is a perfect fit for the industrial growth phase Solon has entered into. I look forward to working with Scott as a part of the management team where he will play an important role," says Andreas Martinussen, Chief Executive Officer of Solon Group.
Scott Danielsen comes from a position as Chief Financial Officer (CFO) of Lindorff Group and has more than ten years experience as CFO from both Lindorff and Aktiv Kapital. Scott has also served 15 years as an auditor with EY and six years as transaction specialist at PwC. Scott holds a degree of Business and Accounting from the University of Washington.
In connection with the appointment of Scott Danielsen as CFO, the Board of Directors of Solon Eiendom ASA ("Solon" or the "Company", ticker "SOLON") has granted Danielsen options to acquire 75,000,000 new shares in Solon. The options vest in three tranches with 1/3 per tranche the first, second and third anniversary after grant at strike price of NOK 0.15, 0.17 and 0.22, respectively. All options expire 01 March 2021.
Subsequent to the option grant, Danielsen holds 0 shares in Solon and 75,000,000 options, each giving the right to acquire one share in Solon.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Further information
Simen Thorsen
Chairman of the Board, Solon Eiendom ASA
E-mail: st@soloneiendom.no
Cell Phone: +47 918 86 886
Andreas Martinussen
Chief Executive Officer, Solon Eiendom ASA
E-mail: am@soloneiendom.no
Cell Phone: +47 400 00 405
About Solon Eiendom
Solon Eiendom is a Norwegian residential real estate development company
focusing on the Oslo and Akershus region. Solon Eiendom was established in 2006 by founder Simen Thorsen and investor Tore Aksel Voldberg. The company has since its incorporation delivered 570 units with a corresponding sales value of close to NOK ~3 billion and sold more than 800 units with a total sales price of more than NOK ~4 billion.
Solon_SEA20170213_ScottDanielsenAppointedCFO
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Source: Solon Eiendom ASA via GlobeNewswire
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