Redemption of incentive shares in Kinnevik
Kinnevik AB (publ) ("Kinnevik") today announced that the Board has resolved to redeem a total of 258,600 incentive shares issued under Kinnevik's long-term incentive plans for 2022-2024.
The Board has today resolved, in accordance with Kinnevik's Articles of Association, to redeem 15,475 incentive shares of Class C 2022, 60,945 incentive shares of Class C 2023, 10,576 incentive shares of Class C1 2024, 42,304 incentive shares of Class C2 2024, 15,475 incentive shares of Class D 2022, 60,945 incentive shares of Class D 2023, 10,576 incentive shares of Class D1 2024 and 42,304 incentive shares of Class D2 2024, held by former participants in Kinnevik's long-term incentive plans for 2022-2024.