The share-based incentive scheme resolved by the 2016 Annual General Meeting where 20 members of senior management were offered to acquire up to 300,000 call options on repurchased class B shares has been fully subscribed.
The call options will be transferred at a price of SEK 11.80 per call option, equivalent to the market value according to an external independent valuation, applying the Black-Scholes-model.
The redemption price of the call options amounts to SEK 159.00, equivalent to 120 percent of the volume-weighted average of the paid market price for the shares during the period from 1 September 2016 to 14 September 2016, inclusive. Each call option entitles the holder to acquire one repurchased class B share during the period from 16 September 2019 to 5 June 2020, inclusive.
Stockholm, 23 September 2016
Addtech AB (publ)
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Johan Sjö, CEO
+46 8 470 49 00
Christina Kassberg, CFO
+46 8 470 49 10