Key personnel subscribe to options and qualified employee stock options
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Industri |
| Industri | Industriprodukter |
Following the decision at the general meeting on May 21, 2025, Freemelt has established a long-term incentive program by issuing so-called qualified employee stock options (“Incitamentsprogram A 2025/2028”) and issuing options (“Incitamentsprogram B 2025/2028”).
Key personnel and decision makers subscribe to 9 293 085 qualified employee stock options and 863 002 options. The qualified employee stock options have been issued without consideration, whereas the options have been acquired at a fair market price.
The conversion to shares will happen through a so-called “net exercise”, which means the actual dilution as a consequence of the incentive programs will be lower than what is indicated by its nominal size. Exact dilution will depend on the share price at the conversion date when the program matures in year 2028. Without “net exercise”, the maximum number of new shares would be 10 156 087 at full subscription corresponding to a dilution of approximately 5.1%.
Ahead of subscription, each participant has renounced participation in the existing incentive programs 2023/2027 and 2024/2028, which reduces the maximum potential dilution to 2.9%.
A total of 8,719,467 options remain in the program after subscription as set out above.
The Board of Directors considers the incentive programs to be advantageous for the group and the company’s shareholders.