Nixu Corporation: Change in Stock Option subscription period

Based on the authorization granted by the AGM held on April 25, 2018, the Board of Directors of Nixu Corporation decided on March 27, 2019 to issue stock options to be offered selected key personnel of the company. The Stock Options form a part of the incentive and commitment program of the company’s key personnel and the purpose is to encourage the key personnel to work on a long-term basis to implement Nixu growth strategy and to increase shareholder value.

Nixu Board of Directors has decided to postpone the share subscription period for Stock Options 2019A, and the related period of achieving the performance targets: the share subscription period will begin on 31 December 2022 and end on 31 August 2024. In accordance with the original decision, the share subscription period was 1 October 2021–31 May 2023.

The Board of Directors has decided to keep the performance criteria related to the start of the Stock Option subscription period unchanged.

The terms and conditions of Nixu Corporation Stock Options 2019 are available on the company’s website at https://www.nixu.com/investors/key-employee-stock-options.

Nixu Corporation

Further information:
Chief Executive Officer Petri Kairinen, Nixu Corporation
telephone +358 40 832 1832, e-mail: petri.kairinen@nixu.com

Distribution:
Nasdaq Helsinki Ltd
Principal media
www.nixu.com

Nixu in brief:
Nixu is a cybersecurity services company on a mission to keep our digital society working. Our passion is to help organizations embrace digitalization securely. Partnering with our clients, we provide practical solutions for ensuring business continuity, easy access to digital services and data protection. We aim to provide the best workplace for our team of about 400 cybersecurity professionals with a hands-on attitude. Nixu’s roots are in Northern Europe, but we serve our enterprise clients worldwide. Nixu’s shares are listed on Nasdaq Helsinki’s official list.
www.nixu.com