The Annual General Meeting 2024 decided on a call option programme on repurchased class B shares, for Lagercrantz’ managers and senior executives. The share-based incentive programme of 800,000 call options has been fully subscribed by some 79 senior executives.
The call options are transferred at a price of SEK 22.65 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 233.90, which is equivalent to 125 percent of the average market price during the measuring period 3 September – 13 September 2024. Each call option entitles the holder to acquire one class B share during two predetermined periods up until 26 May 2028, inclusive.
Stockholm, 4 October 2024
Lagercrantz Group AB (publ)
This information is information that Lagercrantz Group AB (publ) is obliged to make public pursuant to Nasdaq Stockholm’s Rule book for issuers. The information was submitted for publication, through the agency of the contact person, on 4 October 2024 at 09:45 CET.
For additional information, contact:
Jörgen Wigh, President & CEO, Lagercrantz Group AB, tel +46 8 700 66 70,
Peter Thysell, Chief Financial Officer, Lagercrantz Group, tel +46 70 661 0559,
or the company website at: http://www.lagercrantz.com
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a Tech Group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group consists of some 80 companies, each with a focus on a specific sub-market – a niche. Lagercrantz Group is active in ten countries in Northern Europe as well as in the USA, in China and in India. The Group has approximately 2,800 employees and annual revenues of about MSEK 8,300. The Company is listed on Nasdaq Stockholm since 2001. Read more on www.lagercrantz.com
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