Within the framework of Series I, which was directed at 135 individuals, the participants subscribed for a total of 257,500 warrants for a combined value of SEK 3,914,000. The price per warrant was SEK 15.20, and the subscription price was set at SEK 118.80 per share after the completed bonus issue.
Within the framework of Series II, which was directed at 13 individuals, the participants subscribed for a total of 27,500 warrants for a combined value of SEK 319,000. The price per warrant was SEK 11.60, and the subscription price for this series was set at SEK 116.70 per share after the completed bonus issue.
The shares under the programme can be subscribed during specially prescribed subscription periods starting in the second quarter of 2017 through Friday, 18 May 2018. Upon full exercise, the number of shares outstanding will increase by 855,000, corresponding to 0.7% of the total number of shares and votes.
The incentive programme has resulted in an increase in the number of shares and votes in the company during May 2017 by 747,300 shares and votes, through the exercise of warrants entitling to subscription for new shares in the company. As of 31 May 2017, there are in total 120,747,300 shares and votes in the company.
The Board of Directors has decided to propose to the 2017 Annual General Meeting to resolve in favour of a new long-term share-based incentive programme directed at approximately 180 senior executives and other key persons in the Group. The programme will be based on warrants.