On
The option rights will be distributed gratuitously as determined by the
The option rights will be marked as series 2021A1, 2021A2, 2021B1, 2021B2 and 2021C1. The maximum amount of option rights issued is 60,000,000, and they entitle their holders to subscribe for altogether a maximum of 60,000,000 of new Company shares. The Board of Directors may decide on any additional conditions related to the receipt of option rights and on the redistribution of option rights that later revert to the Company.
Each option right entitles its holder to subscribe for one new
The subscription period for shares subscribed for under option rights 2021A1 and 2021B1 starts on
The subscription price of shares subscribed for under option rights 2021A1 and 2021A2 will be the trade volume weighted average price of the Company’s share in the
The subscription price of shares subscribed for under option rights 2021B1 and 2021B2 will be the trade volume weighted average price of the Company’s share in the
The subscription price of shares subscribed for under option rights 2021C1 will be the trade volume weighted average price of the Company’s share in the
The subscription price of a share subscribed for under option rights may be decreased by, inter alia, the amount of dividends and may also otherwise be subject to revision in accordance with the terms and conditions. The subscription price, however, may never be lower than
The complete terms and conditions of the option plan are appended to this stock ex-change release and available on the Company’s homepage at https://investor.digitalistgroup.com/fi/investor/shares/option-schemes.
The theoretical market value of the incentive scheme is approximately
The theoretical market value of the option rights has been calculated using the Black & Scholes model.
The Company’s Board of Directors has found option rights within option plan 2019 to have expired insofar as they have not been distributed. Of the options within the Company’s option plan 2019, altogether 3.580.000 series 2019A1 and 2019A2 option rights have been distributed, on the basis of which it is possible to subscribe for a maximum of 3.580.000 new Company shares under the terms and conditions of the option plan.
Further information:
tel. +358 40 865 4252, petteri.poutiainen@digitalistgroup.com
Mervi Södö, CFO, tel. +358 40 136 5959, mervi.sodo@digitalistgroup.com
Distribution:
Main media
https://digitalist.global
Attachments
- 20210125 Digitalist Group Plc_stockrelease_EN
- Digitalist Group Plc Option Plan 2021 (Terms and Conditions of the Option Rights)
© OMX, source