Fully subscribed warrant program in OrganoClick AB
Following the decision of the Extraordinary General Meeting on January 12, 2022, OrganoClick AB was able to offer 979,500 warrants to the CEO and senior executives in the form of an incentive program. The Board believes that a personal ownership commitment is to the benefit of the company and the shareholders, while at the same time giving senior executives the opportunity to participate in the value growth they contribute to creating.
The option program comprises a total of a maximum of 979,500 warrants with a price calculated according to Black & Scholes' option valuation model and other conditions as follows:
- A warrant entitles the holder to subscribe for one new share.
- Price of 1.57 SEK / warrant
- The warrants can be exercised for subscription of shares during the period fr.o.m. January 12, 2025 t.o.m. on July 12, 2025.
- Redemption price for the shares of SEK 10.23 / share
All warrants have been subscribed and thus give the company a capital injection of SEK 1,537,815 as of today's date.
This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 14-01-2022 12:34 CET.