Stock option redemption in Opus Group AB
Opus Group AB has completed the redemption of the stock option program 2011/2014. A total of 1,733,642 new shares were subscribed. Opus Group AB will get a capital injection of SEK 1,987,967.28 in connection with the redemption of the stock options. The share capital will increase by SEK 34,672.84 to SEK 5,063,268.38. Total shares outstanding after the redemption of the stock options amount to 253,163,419. The subscription rate in connection with the redemption of the stock options amounted to 88.7 percent.
"It is encouraging that such a large portion of our staff have exercised the stock options. This implies that our employees have taken part in the value growth that Opus Group and its shareholders have experienced during the recent years. I am proud of our employees who have worked hard to take our company to where we are today", says Magnus Greko, CEO and President of Opus Group AB.
Mölndal, September 9, 2014
Opus Group AB (publ)
For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se
About Opus Group
Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations. The Group has two main business areas which are vehicle inspection and equipment. Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning has 74 vehicle inspection stations in Sweden. Opus Inspection operates vehicle inspection programs in the U.S., Bermuda, and Peru and is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conducts production, sales, and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops. Opus Group’s revenues amounted to approximately SEK 1,047 million in 2013. Opus Group’s shares are listed on Nasdaq OMX Stockholm.
FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release is published in accordance with the rules in the law (2007:528) under the Securities Market Act (2007:528).