Linköping,
The 2021 Annual General Meeting authorized the Board of Directors to increase the company's share capital through the issue of a maximum of 1,000,000 Class C shares at a subscription price corresponding to the quota value. In order to ensure the future delivery of performance shares and to finance the costs of social security contributions related to LTIP 2021, the Board of Directors has exercised the authorization to resolve on a directed issue of 1,000,000 Class C shares. The bank
The Annual General Meeting also authorized the Board of Directors to resolve, on one or more occasions until the 2022 Annual General Meeting, on the repurchase of all outstanding Class C shares at a price corresponding to the quota value. The Board of Directors has resolved to exercise the repurchase authorization for the purpose stated above. All issued Class C shares will be repurchased by
The company currently holds no treasury shares. Following the repurchase of Class C shares in accordance with the above, the intention is for all of the repurchased Class C shares to be converted to Class B shares, after which the number of shares held will amount to 1,000,000 Class B shares. This corresponds to approximately 0.5% of the total number of shares in the company. In accordance with the terms of the incentive programs, a maximum of 780,000 Class B treasury shares may be allotted to participants in LTIP 2021.
The allotment of performance shares will take place within 60 days from the end of the qualification period, which runs from
For more information about LTIP 2021 and the resolutions passed at
The information was submitted to the media for public announcement, through the agency of the contact person set out below, at
For further information, please contact:
Dr. Torbjörn Kronander, President and CEO,
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https://mb.cision.com/Main/1263/3484789/1519948.pdf
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