Catella's CEO acquires warrants
Catella's President and CEO Knut Pedersen has today acquired 5,000,000 subscription warrants at a price of approximately SEK 5.3 M, which is based on the volume-weighted average price of the Catella share over the latest ten trading days. The options are included in the incentive scheme endorsed by the extraordinary general meeting held in February 2014.
The extraordinary general meeting held on 13 February 2014 resolved to issue a total of 7,000,000 subscription warrants, in three series with exercise in 4, 5 and 6 years, of which 5,000,000 for transfer to the company's CEO and the remaining 2,000,000 for transfer to existing and future senior executives. Each warrant provides a right to subscribe for one new class B share in Catella AB.
The warrants have been transferred on market terms at a price established based on a calculated market value of the warrants at the time of transfer, applying the Black & Scholes valuation model.
For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Press contact:
Ann Charlotte Svensson
Head of Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se
About Catella: Catella provides specialised financial advisory services and is a leader in the property sector. Catella also provides asset management, with specialist expertise in the property, fixed-income and equity asset classes. We have a strong local presence in Europe, with some 450 employees in 12 countries. Catella is listed on Nasdaq OMX First North Premier and is traded under the ticker symbols CAT A and CAT B. The company’s certified advisor is Remium AB. Read more about Catella at www.catella.com.
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