Incentive program

The annual general meeting has deemed it being in all shareholders interest that employees in the Vertiseit group have a long-term interest in an increased value of the company’s shares. Therefore, the annual general meetings of 2021, 2022, 2023 and 2024 decided to introduce incentive programs for employees through direct issue of warrants.

The incentive programs entitle the holder of a warrant to subscribe for one new B share in Vertiseit per warrant held on the redemption date at the predetermined exercise price. The warrants were obtained through market value consideration, calculated according to Black & Scholes.

ACTIVE WARRANTS PROGRAMS ARE distributed as follows

Incentive program TO 3A
Redemption: May 2024
Exercise price: 24,00 SEK per B share
Dilution upon full subscription (at the time of issuance): 4,8 %
Dilution upon actual subscription (at the time of issuance): 4,6 %

Category Stocks per employee
Key individuals in managing positions 16 000
Other employees 8 000
Total number of warrants upon full subscription 640 000
Actual number of warrants subscribed for 615 000

Incentive program TO 4
Redemption: May 2025
Exercise price: 50,00 SEK per B share
Dilution upon full subscription (at the time of issuance): 6,0%
Dilution upon actual subscription (at the time of issuance): 2,2 %

Category Stocks per employee
Key individuals in managing positions 16 000
Other employees 8 000
Total number of warrants upon full subscription 1 175 000
Actual number of warrants subscribed for 417 350

Incentive program TO 5 A
Redemption: May 2026
Exercise price: 50,00 kr per B share
Dilution upon full subscription (at the time of issuance): 3,7 %
Dilution upon actual subscription (at the time of issuance): 1,3 %

Category Stocks per employee
Key individuals in managing positions 16 000
Other employees 8 000
Total number of warrants upon full subscription 764 000
Actual number of warrants subscribed for 264 000

 

Incentive program TO 6
Redemption: May 2027
Exercise price: 53,00 kr per B share
Dilution upon full subscription (at the time of issuance): 3,0 %
Dilution upon actual subscription (at the time of issuance): N/A

Category Stocks per employee
Key individuals in managing positions 16 000
Other employees 8 000
Total number of warrants upon full subscription 640 000
Actual number of warrants subscribed for N/A

 

 

 

Investor Relations

Jonas Lagerqvist
Deputy CEO / CFO

jonas.lagerqvist@vertiseit.com
+46 732 036 298