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Revus Energy (OSL:REVUS) 1. Participants in Revus Energy's share option program have 20.08.2008 exercised 16 795 options. As a result of the exercise, the Board of Directors, following the authority approved in the Annual General Meeting, has resolved to increase the share capital by NOK 4 198.75 from NOK 11 499 496.00 to NOK 11 503 694.75 by issuing a total of 16 795 new shares, each with a nominal value of NOK 0.25. 2. Options exercised by primary insiders 20.08.2008: Geir Hjellvik, CFO, has exercised 12 308 options in the Company, corresponding to 12 308 shares at the strike price of NOK 42.
Ingrid Landråk, Controller, has exercised 4 487 options in the Company, corresponding to 4 487 shares at the strike price of NOK 42.
3. New holding
After exercising options, Geir Hjellvik now controls 883 383 shares and 25 759 unexercised options in the Company directly or through Toma Finans AS.
After exercising options, Ingrid Landråk now controls 39 081 shares and 15 900 unexercised options in the Company.
