Senior managers buy shares in NOTE
In February 2017, within the framework of an incentive program, NOTE's largest shareholder Creades AB issued a total of 577 453 call options to senior managers in NOTE. Each call option gave the holder the right to purchase a share in NOTE at a price of SEK 17.58 in cash during the period 25 October–8 November 2017. The options were priced on market terms and the program does not imply any dilution of other owners' NOTE shareholdings.
All participants have now bought shares and called for redemption of the remaining options. In total, the participants purchased 196,000 shares, which means that they together reinvested more than the resulting profit after tax in the incentive program.
For more information, please contact:
Per Ovrén, CEO and President, tel. +46 (0)73 440 7727
Henrik Nygren, CFO, tel. +46 (0)70 977 0686
NOTE is one of the leading Northern European manufacturing and logistics partners for production of electronics-based products. NOTE produces PCBAs, subassemblies and box build products. NOTE's offering covers the complete product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland, the UK, Estonia and China. Net sales in the last 12 months were SEK 1,139 million; the group has approximately 900 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.
The information was submitted for publication at 3:00 p.m. CET on 1 November 2017.