Decisions made at Framfab#s extra ordinary general meeting

Report this content

Decisions made at Framfab's extra ordinary general meeting Framfab's extra ordinary general meeting decided unanimously today: * to launch a global option program in which current and future employees in the Group will receive stockoptions with the right to subscribe for new shares in Framfab. The options will be free of charge for the employees. The employee will have the opportunity to use the options to subscribe for new shares at the earliest one year and at the latest four years from the date the options are issued, given that the employee is still within the Group. * to accept transfer and issue of warrants and issue of options to employees in companies that are or will become associated companies or subsidiaries of Framfab Innovation AB. Full subscription of the options in the global option program will increase Framfab's capital stock with approximately 5.8 per cent of the capital stock. In connection with this, earlier issued non sold warrants with the right to subscribe for approximately 6.5 million shares will be terminated. Full subscribtion af all outstanding options would add at most 9.6 percent to the company's capital stock. "By launching a competitive global option program, Framfab will improve its possibilities to retain, recruit and motivate qualified employees in all countries were we have operations", says Jonas Birgersson CEO. For more information please contact: Niclas Lilja, Investor Relations Manager +46709 41 21 79 niclas.lilja@framfab.se Johan Haeggman, CFO +468 545 258 00 johan.haeggman@framfab.se Framfab's business concept is to create new business for the network economy through strategic advice and digital services. Framfab has over 2 570 employees in 59 offices in Denmark, Bulgaria, France, Italy, the Netherlands, Norway, Great Britain, Sweden, Germany and USA. Our clients include 3M, AstraZeneca, AXA, Bosch, Electrolux, Ericsson, Expressen, France Telecom, IKEA, International Red Cross, le Groupe Pernod Ricard, Nike Europe, SAAB Group, Vattenfall, Volvo Car Corporation and Volvo Group. Framfab is listed on the Stockholm OM Stock Exchange Attract 40 list. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/11/20001011BIT01050/bit0001.pdf http://www.bit.se/bitonline/2000/10/11/20001011BIT01050/bit0002.doc