Each warrant entitles the holder to subscribe for one new share in eEducation Albert at a strike price of SEK 6.47, exercisable during a four-month period ending 21 September 2029. The strike price equals 150 percent of the volume-weighted average share price, meaning the program delivers value to participants only if the share appreciates significantly, to the benefit of all shareholders. The price of SEK 0.70 per warrant was set on a market basis using the Black-Scholes model.

"It is a strong signal that the management team is backing the company with its own capital. The board shares management's conviction in the transformation now under way and in the clear focus on adaptive mathematics. We see better and more effective learning as one of the defining global challenges, and we believe eEducation Albert has a real opportunity to grow its role in meeting it. A program of this kind ties management's outcome directly to the value created for all shareholders, which is exactly what the board wants to see," says Björn Bengtsson, Chairman of the Board of eEducation Albert.