Lagercrantz’ share based incentive programme fully subscribed
The incentive programme resolved by the 2013 Annual General Meeting for managers and members of senior management in Lagercrantz Group for up to 225,000 call options to purchase class B shares held in treasury was fully subscribed. A total of 32 managers in the Group will acquire options under the 2013 programme.
The call options will be transferred at a price of SEK 8.30 per call option, equivalent to the market value according to a valuation performed by Nordea Bank AB (publ). The exercise price amounts to SEK 125.40 (which is equivalent to 120 percent of the average market price during the measuring period 2 – 13 September 2013). The exercise period is at three occasions up until 30 September 2013, inclusive.
Stockholm, 4 October 2013
Lagercrantz Group AB (publ)
For further information, contact:
Bengt Lejdström, CFO, Lagercrantz Group AB, tel +46 8 700 66 70,
or the company website at: http://www.lagercrantz.com
This information is being published in accordance with the Securities Markets Act, the Act on Trading in Financial Instruments or the regulations of NASDAQ OMX Stockholm. The information herein was provided for publication at 8:00 a.m., 4 October 2013.
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The group is comprised of more than 30 companies, each with a focus on a specific sub-market – a niche. A high value-creation is common to all the subsidiaries, including a high degree of customisation, support, service and other services.
Lagercrantz Group is active in seven countries in Northern Europe, and in China. The Group has approximately 1000 employees and annual revenue of approximately MSEK 2,500. The Company is listed on NASDAQ OMX Stockholm since 2001.