The incentive programme resolved by the 2016 Annual General Meeting for managers and members of senior management in Lagercrantz Group for call options to purchase class B shares held in treasury has been subscribed. A total of 50 managers in the Group acquired close to 600 000 options.
The call options are transferred at a price of SEK 8.00 per call option, equivalent to the market value according to a valuation performed by Nordea Bank AB (publ). The exercise price amounts to SEK 100.10 (which is equivalent to 120 percent of the average market price during the measuring period 5 September - 16 September 2016). The exercise period is at three occasions up until 6 October 2019, inclusive.
Stockholm, 7 October 2016
Lagercrantz Group AB (publ)
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Original documenthttp://www.lagercrantz.com/en/Press/Press-releases/2016/Lagercrantz-issues-share-based-incentive-programme/
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