Share-based incentive scheme
The share-based incentive scheme resolved by the 2020 Annual General Meeting where about 45 members of senior management were offered to acquire up to 250,000 call options on repurchased class B shares has been fully subscribed.
The call options will be transferred at a price of SEK 29.60 per call option, equivalent to the market value according to an external independent valuation, applying the Black–Scholes-model. The redemption price of the call options amounts to SEK 393.70, equivalent to 120 percent of the volume-weighted average of the paid market price for the shares during the period from 8 May 2020 to 25 May 2020, inclusive. Converted exercise price after AddLife's share split 4:1, amounts to SEK 98.40. Each call option entitles, after the share split, the holder to acquire four repurchased class B shares during the period from 19 June 2023 to 28 February 2024, inclusive.
Stockholm, June 15, 2020
AddLife AB (publ)
AddLife is an independent player in the Life Science industry that offers high-quality products, services and advice to both the private and public sectors, mainly in the Nordic region and rest of Europe. AddLife has more than 1000 employees in some 45 operating subsidiaries. The Group currently has net sales of around SEK 3.7 billion. AddLife shares are listed on Nasdaq Stockholm.
This information is information that AddLife AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15 June 2020 at 9.00 a.m. (CET).