Fully subscribed warrant program in OrganoClick AB

The CEO and senior executives of OrganoClick AB choose to acquire 100 % of the warrants in the incentive program proposed by the Board.

Following the decision of the Extraordinary General Meeting on January 12, 2022, OrganoClick AB was able to offer 979,500 warrants to the CEO and senior executives in the form of an incentive program. The Board believes that a personal ownership commitment is to the benefit of the company and the shareholders, while at the same time giving senior executives the opportunity to participate in the value growth they contribute to creating.

The option program comprises a total of a maximum of 979,500 warrants with a price calculated according to Black & Scholes' option valuation model and other conditions as follows:

  • A warrant entitles the holder to subscribe for one new share.
  • Price of 1.57 SEK / warrant
  • The warrants can be exercised for subscription of shares during the period fr.o.m. January 12, 2025 t.o.m. on July 12, 2025.
  • Redemption price for the shares of SEK 10.23 / share

All warrants have been subscribed and thus give the company a capital injection of SEK 1,537,815 as of today's date.

This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 14-01-2022 12:34 CET.

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For more information, please contact:

Mårten Hellberg, CEO

0707 - 16 48 90, marten.hellberg@organoclick.com

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About OrganoClick

OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq First North Growth Market. The company develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the durable water repellent technology for textiles OrganoTex®, the biocomposite material OrganoComp®, surface treatment and maintenance products for villa and property owners under the brand BIOkleen®, biobased binder under the trade name OC-BioBinder™ and the flame and rot-resistant timber OrganoWood® (through the joint-venture OrganoWood AB). OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences within environmentally friendly fiber chemistry. OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start -up" and "Sweden's Best Environmental Innovation", and has also received a number of awards, such as the WWF "Climate Solver" award, listed as a SUSTAINIA100 company and has also appeared for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33 hottest technology companies. OrganoClick has its head office, production and R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on Nasdaq First North Growth Market is Mangold Fondkommission AB, tel: +46 (0)8 503 01 551, email: ca@mangold.se.

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