Alcadon Group AB terminates incentive programme
Alcadon Group AB (”Alcadon” or the ”Company”) terminates the incentive programme 2019/2023:1-6, whereby six employees, including the CEO and CFO, subscribes for shares of a total of SEK 3 702 452 with the support of subscription warrants.
The incentive programme, based on subscription warrants of series 2019/2023:1-6 which Alcadon introduced at the Extraordinary General Meeting on July 10, 2019 with a term until April 2023, has now been terminated. In total, participants have subscribed for 134 929 new shares at a subscription price of SEK 27,44 per share.
In conjunction with the share subscription, and in order to enable subscription of new shares, Alcadon has repurchased a total of 171 071 of the unexercised subscription warrants in the programme from the CEO, CFO and two other participants, for a total purchase price of SEK 4 543 646. The purchase price for the repurchased subscription warrants have partly been used to pay for the newly subscribed shares by way of a set-off, and partly to cover the participants' tax effects for the sold warrants.
The repurchased subscription warrants of series 2019/2023:1-6 will be cancelled. The remaining unexercised warrants in the series will lapse.
Once the subscribed shares have been registered with the Swedish Companies Registration Office, there will be a total of 21 722 570 outstanding shares and votes in the Company, and the share capital will amount to a total of SEK 1 049 677,37.
Stockholm, 23 March 2023
For more information, please contact:
Alcadon Group AB
Sonny Mirborn, CEO
Mobil: +46 70 639 50 92
Certified Adviser: Svensk Kapitalmarknadsgranskning AB
Phone number: +46 11 323 07 32
About Alcadon Group AB
Alcadon conducts operations in Sweden, Norway, Denmark, Germany, the UK and Benelux. Since its inception in 1988, Alcadon has established itself as a leading supplier of data and telecommunications products and systems.
Alcadon Group AB (publ), 559009-2382, Segelbåtsvägen 7, 112 64 Stockholm, Sweden