Lagercrantz’ call option programme fully subscribed
The Annual General Meeting 2023 decided on a call option programme on repurchased class B shares, for Lagercrantz’ managers and senior executives. The call option programme of 800,000 call options has been fully subscribed by some 85 senior executives.
The call options are transferred at a price of SEK 13.30 per call option, equivalent to the market value according to an external independent valuation, applying the Black & Scholes model. The exercise price amounts to SEK 143.10 (which is equivalent to 125 percent of the average market price during the measuring period 5 September - 15 September 2023). The exercise period is at two occasions up until 29 May 2027, inclusive.
Stockholm, 6 October 2023
Lagercrantz Group AB (publ)
This disclosure contains information that Lagercrantz Group 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 6 October 2023 at 10:45 CET.