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DSRT: Primary insider trading
14 Feb 2025 08:32 CET
Issuer
Desert Control AS
Sandnes, Norway, 13 February 2025:
Reference is made to Desert Control AS' ("Desert Control" or the "Company")
stock exchange announcement on 6 January 2025 regarding exercise of employee
share options and share capital increase, as well as stock exchange announcement
on 9 January 2025 regarding registration of the share capital and issuance of
shares in connection with the exercise of options.
Primary insider of the Company Ole Kristian Sivertsen, CEO, received 120,000
shares in connection with the exercise of options. Ole Kristian Sivertsen has
now transferred all of the 120,000 shares to his wholly owned company OKS
Consulting AS, being a close associate of a primary insider of the Company.
Primary insider notifications pursuant to the market abuse regulation article 19
are attached.
For further information, please contact:
Leonard Chaparian, Chief Financial Officer
+ 47 90 66 55 40
leonard.chaparian@desertcontrol.com
About Desert Control
Desert Control specializes in climate-smart AgTech solutions to combat
desertification, soil degradation, and water scarcity. Its patented Liquid
Natural Clay (LNC) restores and enhances soil ecosystems to reduce water usage
and improve the efficiency of fertilizers and natural resources for agriculture,
forests, and green landscapes. LNC enables sandy and arid soil to retain water
and nutrients, thus increasing crop yields, plant health, and ecosystem
resilience while preserving water and natural resources by up to 50%.
For more about Desert Control, visit https://www.desertcontrol.com
This information is subject to the disclosure requirements pursuant to the
market abuse regulation article 19 and 5-12 of the Norwegian Securities Trading
Act.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Desert Control AS
Provider
Oslo Børs Newspoint
Company Name
DESERT CONTROL AS
ISIN
NO0010963275
Symbol
DSRT
Market
Euronext Growth