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Addtech

Addtech

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Addtech: Share-based incentive scheme

12:15 / 24 September 2021 Addtech Press release

In the share-based incentive scheme resolved by the 2021 Annual General Meeting, that comprised about 100 members of management and a maximum of 1,000,000 call options on repurchased class B shares, 768.070 call options were subscribed for.

The call options are transferred at a price of SEK 21.90 per call option, equivalent to the market value according to an external independent valuation, applying the Black & Scholes model. The redemption price of the call options amounts to SEK 214.40, equivalent to 120 percent of the volume-weighted average of market prices for the shares during the period from 27 August to 9 September 2021, inclusive. Each call option entitles the holder to acquire one class B share during the period from 9 September 2024 to 11 June 2025, inclusive.

Stockholm, September 24, 2021

Addtech AB (publ)
For further information, please contact
Niklas Stenberg, CEO, +46 8 470 49 00
Malin Enarson, CFO, +46 705 979 473

Addtech is a technical solutions group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 3,000 employees in more than 140 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 11 billion. Addtech is listed on Nasdaq Stockholm.

This information is information that Addtech AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at September 24, 2021 at 12.15 p.m. (CET).

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