CEO exercises employee stock option

12/29/2005 11:40 AM EST

Scania’s CEO and President Leif Östling has today, 29 December 2005, exercised the employee stock option, for which the company earlier has provided information. The option expires 31 December 2005.
By cash settlement Leif Östling will receive the value according to the share price as of 29 December for 220,000 B-shares, with the reduction of SEK196 per share and preliminary tax.


For further information, please contact:

• Hans-Åke Danielsson, Press Manager, tel. +46 8 553 856 62
• Stina Thorman, Head of Investor Relations, tel. +46 8 553 837 16





Scania

Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products is a growing proportion of the company’s operations,...

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  CONTACT  
  • Hans-Åke Danielsson
  • Press Manager
  • +46 (0) 70 346 88 11
  • +46 (0) 8 553 85 662
  •  

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