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Desert Control: Share Option Grants to New Employees
19 Feb 2026 17:46 CET
Issuer
Desert Control AS
Sandnes, Norway, 19 February 2026 - The Board of Directors of Desert Control AS
has issued option grants covering 525,000 share options, equal to approximately
0.45% of the total shares issued in the Company to new employees. The options
will have a three-year vesting period, with initial vesting on the first
anniversary of the option grant. Vesting is conditional on the option holder
remaining engaged by the Company.
Subject to vesting, each option provides the option holder a right to subscribe
or acquire one share in Desert Control AS at a strike price of NOK 1.67.
The option agreements set out further terms and conditions for the grant,
including in case of termination of employment and cancellation of non-exercised
options in case of breach of contract or bad leaver situations, accelerated
vesting with respect to any change of control, adjustment events, and other
customary provisions for such agreements.
David Borah, the company's new Chief Financial Officer, received a grant of
225,000 options.
Primary insider notification pursuant to the market abuse regulation article 19
is attached.
This information is subject to the disclosure requirements pursuant to the
market abuse regulation article 19 and section 5-12 of the Norwegian Securities
Trading Act.
For more information, please contact:
David Borah
Chief Financial Officer
david.borah@desertcontrol.com
About Desert Control
Desert Control develops innovative solutions to enhance soil health, conserve
water, and promote ecosystem resilience. Our proprietary Liquid Natural Clay
(LNC) allows sandy, fast-draining soils to retain water and nutrients, improving
soil health, crop yields, and ecosystem vitality while conserving water. Desert
Control provides customized solutions to strengthen sustainability,
profitability, and prosperity for agriculture, forests, and green landscapes. In
collaboration with partners and clients, we aim to preserve natural resources,
enhance food security, and ensure a climate-resilient future.
Cautionary Note
This release contains forward-looking information and statements relating to the
business, performance, and items that may be interpreted to impact the results
of Desert Control and/or the industry and markets in which Desert Control
operates. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "aims," "anticipates," "believes,"
"estimates," "expects," "foresees," "intends," "plans," "predicts," "projects,"
"targets," and similar expressions. Such forward-looking statements are based on
current expectations, estimates, and projections, reflect current views
concerning future events, and are subject to risks, uncertainties, and
assumptions, and may be subject to change without notice. Forward-looking
statements are not guarantees of any future performance, and risks,
uncertainties, and other important factors could cause the actual business,
performance, results, or the industry and markets in which Desert Control
operates to differ materially from the statements expressed or implied in this
release by such forward-looking statements. No representation is made that any
of these forward-looking statements or forecasts will come to pass or that any
forecasted performance, capacities, or results will be achieved, and you are
cautioned not to place any undue reliance on any forward-looking statements.
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