Bergen, Norway, December 16, 2010. Vizrt Ltd. (Oslo Main List: VIZ)
On December 16, 2010 Ofra Brown, CFO, has exercised 30,000 options in Vizrt Ltd.
at an exercise price of USD 2.68 per share and sold the shares at a price of NOK
21.05 per share. Ofra Brown has further exercised 60,000 options into shares at
an exercise price of USD 2.68 per share. The options were part of the company's
option plan and are to expire on December 20, 2010. As a result of this
exercise, Brown has 225,000 remaining options connected to this program and
91,578 shares.
Following the above exercise of options the total shares outstanding in Vizrt
has increased to 65,428,533.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Vizrt Ltd. via Thomson Reuters ONE
[HUG#1473434]
