28 June 2021, 14:30
Sdiptech's share based incentive programme fully subscribed
The incentive programme for executives and senior executives decided by the 2021 Annual General Meeting on Series B shares has been subscribed for by 35 employees in the Sdiptech Group. The program was subscribed for 330,981 warrants, out of a total of a maximum of 350,000. Remaining warrants are reserved for additional employees in the coming months.
The warrants are transferred at a price of SEK 48.50 per option, which corresponds to the market value of the options according to a valuation performed by Nordea Bank Abp. The exercise price for the warrants amounts to SEK 463.00 per share, which corresponds to 126 percent of the volume-weighted average price paid for Sdiptech's B share during the period from 19 May 2021 to 1 June 2021. Redemption can take place on three occasions from and from June 2024 until and including November 30, 2024.
In total, the Group's employees have invested just over SEK 16 million in Sdiptech's future development.
The information was sent for publication, through the agency of the contact person set out above, on 28 June 2021, at 14:30 CEST.
Sdiptech’s common shares of series B are traded on Nasdaq Stockholm under the short name SDIP B with ISIN code SE0003756758.
Sdiptech’s preferred shares are traded under the short name SDIP PREF with ISIN code SE0006758348.
Further information is available on the company's website: www.sdiptech.com
Sdiptech is a technology group that acquires and develops market-leading niche operations that contribute to creating more sustainable, efficient and safe societies. Sdiptech has approximately SEK 2,000 million in sales and is based in Stockholm.