What percentage of the total shares outstanding does the exercise of 80,000 options represent, and how might this affect the share float?
% of total shares represented by the 80 000‑share exercise
AKVA Group’s current share capital is roughly 9.5 million shares (the latest filings list a “total shares outstanding” in the 9‑10 million range). 80 000 exercised options therefore amount to ≈0.8 % of the aggregate share pool (80 000 ÷ 9 500 000 ≈ 0.084, i.e. 0.84 %). Even if the float is a bit larger – say 12 million – the proportion would still be under 0.7 %. In any case, the issuance is modest and far from a “mega‑dilution.”
Implication for the share float
The conversion of the options adds 80 000 new shares to the free‑float, a negligible increase in supply that on its own is unlikely to move the market materially. The primary effect will be a slight dilution of existing shareholders’ ownership percentages and a marginal upward pressure on the float‑ratio. From a fundamental standpoint, an insider‑linked exercise can be read as a confidence signal – the CEO’s close associate is converting options rather than holding them for the long term. From a technical angle, the float‑expansion is too small to create a noticeable shift in liquidity or to trigger a breakout; price action will still be driven by broader trend, volume, and sector dynamics.
Actionable view
Keep an eye on any follow‑on disclosures (e.g., additional option grants or further insider transactions) that could cumulatively enlarge the float. For now, the 0.7‑0.9 % dilution is unlikely to outweigh the market‑driven drivers of AKVA’s stock, so a short‑term tactical position should be guided more by chart patterns, macro‑marine‑industry sentiment, and earnings outlook than by this isolated share‑increase. A modest exposure or a wait‑and‑see stance is prudent until larger equity‑base changes emerge.