Hoylu has appointed Hans Othar Blix as an advisor on corporate and financial strategies and offers synthetic options

Hoylu AB (“Hoylu” or the “Company”) announces that board member Hans Othar Blix will take on an operational position as an advisor on corporate and financial strategies in Hoylu, Inc. As compensation, the Company’s Board of directors has decided on a new incentive program which offers Hans Othar Blix synthetic options in Hoylu (the “Program”).Vesting shall cease, and all unvested Synthetic Options shall be cancelled, should Hans Othar Blix cease to be an employee of Hoylu. Since the options are synthetic, the Program does not result in any share dilution.Publication
The information was submitted for publication, through the agency of the contact persons set out above on October 14, 2020 at 08:40am CEST.