Incentive programme in Lagercrantz Group fully subscribed
10/14/2008 5:48 AM EST
The incentive programme resolved by the 2008 Annual General Meeting for executives and members of senior management for up to 180,500 options to purchase class B shares held in treasury was fully subscribed. A total of 27 executives and members of senior management will be awarded options under the 2008 programme.
The redemption price amounts to SEK 36.80 per share (which is equivalent to 125 percent of the average market price during the measuring period 4 September – 17 September 2008). The redemption period is between 27 September – 27 December 2011.
Stockholm, 14 October 2008
Lagercrantz Group AB (publ)