Issue and repurchase of class C shares for incentive program
Press release
Stockholm, June 13, 2023
The board of directors of Tobii AB (publ) (“Tobii”) today resolved to issue 1,075,000 new class C shares and to immediately thereafter repurchase the 1,075,000 newly issued class C shares. Today’s resolution by the board of directors was passed based on the authorization granted by the annual general meeting held on May 26, 2023.
Aktieinvest FK AB will subscribe for all issued class C shares at a subscription price corresponding to the quota value of SEK 0,007257 per share and Tobii will repurchase all issued C-shares at a purchase price corresponding to the quota value of SEK 0,007257 per share. Following the share issue, the share capital will increase by approximately SEK 7 801. The class C shares do not entitle to dividends and each share entitles to 1/10 voting right.
The purpose of the share issue and the repurchase is to enable potential future delivery of ordinary shares in accordance with the long-term incentive program adopted by the annual general meeting held on May 26, 2023, as well as to cover any social charges associated with the mentioned incentive program. The class C shares will be converted to ordinary shares before any delivery to the participants in the incentive program.
Tobii currently holds 1,342,373 class C shares and will, following the repurchase of the newly issued 1,075,000 class C shares, hold all 2,417,373 class C shares in the company.
Contact
Henrik Mawby, Head of Investor Relations, Tobii Group, phone: +46 (0)72 219 82 15, email: henrik.mawby@tobii.com
About Tobii
Tobii is the global leader in eye tracking and pioneer of attention computing. We are on a mission to improve the world with technology that understands human attention and intent. Creating tech for a better future, our technologies and solutions apply to areas such as behavioral studies and research, healthcare, education and training, gaming, extended reality (VR, AR & MR), automotive, and many more. Tobii's eye tracking is used by thousands of enterprises, universities, and research institutes around the globe. Headquartered in Sweden, Tobii is listed on Nasdaq Stockholm (TOBII). For more information: www.tobii.com.