SaveLend Group’s Long-Term Incentive Program Fully Subscribed
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Finans |
| Industri | Övriga finansiella tjänster |
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At the Annual General Meeting held on 8 May 2026, a long-term incentive program based on Class C shares in SaveLend Group AB was adopted. The program, which was offered to the CEO and senior executives, key employees, and other employees, has been fully subscribed.
The purpose of the long-term incentive program is to align employees’ interests with the long-term value creation of the Company’s shares. A total of 3,015,053 Class C shares have been subscribed for under the program, corresponding to full subscription.
“A long-term incentive program helps align the interests of participants with those of the Company’s shareholders while strengthening the focus on sustainable value creation over time. We are very pleased to see such strong interest in participating in the program, particularly in light of the ongoing transformation into a credit market company. I view this as a strong endorsement of the commitment and confidence in our strategy and the Company’s long-term development,” says Peter Balod, CEO of SaveLend Group.
Under the terms of the program, the Class C shares may entitle holders to receive a certain number of ordinary shares in SaveLend Group, provided that the closing price of SaveLend Group’s ordinary share on Nasdaq First North Growth Market Stockholm on the trading day following the publication of the Company’s year-end report for the 2028 financial year amounts to at least 150 percent of the closing price on 22 May 2026 (the “Starting Price”). However, when applying the formula set out below, the closing price shall never be deemed to exceed 300 percent of the Starting Price.
If the closing price is equal to or greater than 150 percent but less than 225 percent of the Starting Price, the applicable factor shall be 0.25. If the closing price is equal to or greater than 225 percent of the Starting Price (but not exceeding the value cap), the applicable factor shall be 1.0.
Further information and the full terms and conditions of the long-term incentive program are available in Swedish at: https://savelendgroup.se/bolagsstyrning/bolagsstammor.