06.10.2014 15:36:00
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Addtech: Share-Based Incentive Scheme
Regulatory News:
Addtech AB (STO:ADDTB):
The share-based incentive scheme resolved by the 2014 Annual General Meeting under which 25 members of senior management would be offered to acquire up to 350,000 call options on repurchased class B shares has been fully subscribed.
The call options will be transferred at a price of SEK 6.40 per call option, equivalent to the market value according to a valuation performed by Nordea Bank. The redemption price of the call options amounts to SEK 116.70, equivalent to 120 percent of the volume-weighted average of the paid market price for the shares during the period from 29 August 2014 to 11 September 2014, inclusive. The redemption period is between 17 September 2017 and 1 June 2018, inclusive.
Stockholm, 6 October 2014
Addtech AB (publ)
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