Case Study: Norconsult achieves IPO equity program success with Optio Incentives

Norconsult achieves 70% employee participation with Optio Incentives

Norconsult, a leading pan-Nordic consulting firm, faced significant challenges in launching an employee share plan for over 5,000 staff while preparing for its 2023 IPO. Its manual processes were inadequate for the scale and compliance demands, including complex IFRS-2 reporting and varying tax regulations across multiple countries. Needing a partner to manage the entire equity compensation process, Norconsult turned to Optio Incentives for its software platform and administrative support.

Optio implemented its equity management platform, which provided robust IFRS-2 reporting, a user-friendly employee portal, and localization for regional tax rules. Optio's team also handled all administrative tasks, from communications to system integration. This partnership resulted in a remarkable 70% employee participation rate, far exceeding industry averages, while ensuring full IPO compliance and reducing administrative burdens for Norconsult.

Norconsult