FormPipe Software Incentive Program heavily oversubscribed
On April 25, 2013, the AGM approved to the proposed incentive program through the issuance of 1 500 000 warrants. The warrants were addressed to all the employees of the Company. One warrant entitles the holder to subscribe for one new share in the Company. The Incentive Program was heavily oversubscribed. Of the offered warrants, 64 percent were subscribed for by the Swedish and Danish management and 34 percent by the other staff. "The great interest in the incentive program shows that our employees have a very strong confidence in Formpipe" says Christian Sundin, CEO of Formpipe