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Management increases stake in VEF
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Finans |
| Industri | Investeringar |
2021-05-21 08:00:00
VEF Ltd (“VEF” or the “Company”) has during May issued a total of 3,725,925 SDRs to participants under the long-term incentive program LTIP 2018 as approved by the Annual General Meeting on May 6, 2021. In addition, 1,500,000 outstanding 5-year warrants with the strike price of SEK 1.33 and 2.54 respectively have been exercised under the Company’s 2015 option program.
As part of the transaction, Management have sold a total of 1,505,000 SDRs in the Company to cover incurred taxes.
Following the exercise of the warrants and delivery of LTIP 2018 shares to program participants, the total outstanding number of SDRs in VEF, excluding reclassifiable incentive shares under the Company’s long-term incentive programs, is 834,477,168.