In accordance with the decision of the Annual General Meeting on 25 April 2017, Hemfosa Fastigheter AB has implemented a directed issue of warrants as part of a long-term incentive program. The offer comprises all employees within Hemfosa.
In total 52 employees have acquired a total of 1,294,000 warrants, which corresponds to 89 per cent of the maximum number of warrants pursuant to the decision of the Annual General Meeting.
“It is gratifying that so many of our employees have chosen to participate and to acquire a potential future shareholding in the company, which shows a strong confidence in the continued development of Hemfosa.” says Bengt Kjell, Chairman of the Board of Directors.
According to the decision of the Annual General Meeting, each warrants entitles the holder to subscribe for one ordinary share in Hemfosa during two periods between 1 May 2022 and 31 August 2022, the subscription price has been set at SEK 98.40 and the warrant premium has been set at SEK 3.84. Hemfosa will, under certain conditions, subsidize the participants’ premium through a cash bonus, equivalent to but not more than the guaranteed number of warrants for each person. Such bonuses are paid out with 50 per cent after two years and with 50 per cent after four years.
For more information, please contact:
Bengt Kjell, Chairman of the Board of Directors, tel +46 70 594 53 98