Exercise of Beijer Ref call options LTIP 2021/2024
As part of its incentive program LTI 2021/2024, Beijer Ref AB (publ) has in May 2021 issued 1,476,000 call options to management and key employees with expiration date 14 June 2024. Following recalculations made due to the rights issue in 2023, the call options correspond to 1,623,000 underlying shares of series B and the recalculated exercise price is SEK 150.40 per share. As an alternative to the exercise of the call options and as approved by the extraordinary general meeting on 22 May 2024, Beijer Ref has offered to repurchase call options at market value, calculated based on the