Clavister Executives Invest in Incentive Program

Clavister executives have invested in the incentive program earlier resolved by the Annual General Meeting in April 2017. CEO and the executive management team have fully subscribed to the warrants allocated.

December 15, 2017, Örnsköldsvik, Sweden. Clavister (Nasdaq: CLAV), a leader in high-performance network security solutions, resolved on an incentive program of up to 300,000 warrants to executives in Clavister at the Annual General Meeting on the 27th of April 2017. 

The 300,000 warrants have now been fully subscribed to, including full subscription by Clavister’s CEO and the executive management team. The strike price is SEK 30 per share. The warrants are acquired at market conditions at a subscription price of SEK 2.06, determined from the Black & Scholes model by an independent third party. The incentive program, only allocated to Swedish executive employees, expires on the 30th of June 2020. At date of the resolution, the incentive program represented a maximum dilution of 1.3%. 

For more information, please contact:
John Vestberg, President and CEO

About Clavister

Clavister is a leading supplier of IT-Security Solutions for fixed, mobile and virtual networks. Clavister is offering small and midsized companies, telecom-operators, cloud and service-providers market-leading security-solutions for today’s security threats. The stock, Clavister Holding AB, is listed at NASDAQ First North under shortname CLAV and has 5,966 shareholders. Remium Nordic AB is the Companies Certified Advisor. 

About Us

Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability. Clavister’s performance in the security sector was recognised in 2013 with the 2012 Product Quality Leadership Award from Frost & Sullivan. The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.Clavister is a member of Intel’s Network Builders program (, a cross-industry initiative that enables telcos to build and manage business-critical infrastructures, with lower capital and operating costs. For more information about Clavister, visit


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