Lagercrantz Group: Lagercrantz' share-based incentive programme fully subscribed
The Annual General Meeting 2024 decided on a call option programme on repurchased class B shares, for Lagercrantz' managers and senior executives. The share-based incentive programme of 800,000 call options has been fully subscribed by some 79 senior executives.
The call options are transferred at a price of SEK 22.65 per call option, equivalent to the market value according to an external independent valuation, applying the Black & Scholes model. The exercise price amounts to SEK 233.90, which is equivalent to 125 percent of the average market price during the measuring period 3 September - 13 September 2024. Each call option entitles the holder to acquire one class B share during two predetermined periods up until 26 May 2028, inclusive.
Stockholm, 4 October 2024
Lagercrantz Group AB (publ)
This information is information that Lagercrantz Group AB (publ) is obliged to make public pursuant to Nasdaq Stockholm's Rule book for issuers. The information was submitted for publication, through the agency of the contact person, on 4 October 2024 at 09:45 CET.