Call options offer to employees
Malmö, September 2, 2008
AudioDev AB's principal owner Briban Invest AB (“Briban”) has issued an offer to all
employees at AudioDev AB and its subsidiary AudioDev GmbH to acquire call options with
respect to shares in AudioDev AB.
AudioDev AB's principal owner Briban Invest AB (“Briban”) has issued an offer to all
employees at AudioDev AB and its subsidiary AudioDev GmbH to acquire call options with
respect to shares in AudioDev AB. The corresponding offer has also been made to the board
of AudioDev AB. The people affected have been divided into three groups who have been
offered 5,000, 15,000 and 20,000 options respectively.
Briban's offer has resulted in them issuing call options to 29 people today pertaining to a total
of 335,000 B-shares in AudioDev (corresponding to around 2.0 % of all shares in the
company). The call options apply to existing shares, which means that there will be no
dilution. As the call options have been issued by Briban, this means there will be no costs
incumbent on AudioDev.
The call options can be utilised over the period September 1, 2008 – November 30, 2010 to
purchase B-shares in AudioDev at a price of SEK 9 per share. The price of the call options
has been set using the Black & Scholes formula at SEK 0.96/option. The call options have
therefore been acquired under normal market conditions.
The nature of information is such that AudioDev AB will be publishing in accordance with
the Securities Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on September 2, 2008 at 4 pm.