Lagercrantz’ share based incentive programme
The incentive programme resolved by the 2019 Annual General Meeting for managers and members of senior management in Lagercrantz Group on call options to purchase class B shares held in treasury were acquired by 60 managers in the Group. In total, 417,900 options were acquired.
The call options are transferred at a price of SEK 11.50 per call option, equivalent to the market value according to a valuation performed by Nordea Bank AB (publ). The exercise price amounts to SEK 154.40 (which is equivalent to 120 percent of the average market price during the measuring period 2 September - 13 September 2019). The exercise period is at three occasions up until 18 November 2022, inclusive.
Stockholm, 11 October 2019
Lagercrantz Group AB (publ)
For additional information, contact:
Jörgen Wigh, President & CEO, Lagercrantz Group AB, tel +46 8 700 66 70,
Kristina Elfström Mackintosh, Chief Financial Officer, Lagercrantz Group, tel +46 8 700 66 70,
or the company website at: http://www.lagercrantz.com
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