XXL ASA, the leading Norwegian sporting goods retailer, is setting aside 105,000 own shares for its employees based on individual bonus agreements, starting with six members of its financial department. These share units carry a strike price of 76.08 Norwegian kroner (€8.77-$9.45), and they will be vested after three years. XXL, which went public last October, repurchased the 105,000 shares on the Oslo Stock Exchange under a buyback program that ended on March 31. They represent 0.08 percent of the company's equity.

Topics