Terms of convertibles outstanding by 31 May 2024

 

Term Maturity date Subscription price,
SEK/share
Conversion price,
SEK/share
Right to purchase
no. of shares
Number of convertibles outstanding Corresponding number of shares
2021-04-01 2025-06-30 47.50 47.50 1 908,100 908,100
2022-05-27 2026-08-31 48.91 48.91 1 977,500 977,500
2023-05-26 2027-08-31 35.36 35.36 1 990,000 990,000
          2,875,600 2,875,600

 

Terms of warrants outstanding by 29 February 2024

 

Term Maturity date Warant value,
SEK 
Subscription price,
SEK/share
Strike price
Right to purchase
no. of shares
Number of
warrants issued
Number of warrants repurchased and exercised Corresponding
number of shares
2019-06-14 2024-06-14 3.93 1) 24.98 1 518,700 -418,700 100,000
2021-04-01 2024-11-29 10.102) 41.383) 1 752,500 -40,000 712,500
2022-05-27 2025-12-15 10.922) 43.134) 1 832,500 -32,500 800,000
2023-05-26 2026-12-15 8.572) 31.525) 1 650,000   650,000
          2,753,700 -491,200 2,262,500

 

1) As the warrants are offered to the employees free of charge, the employees will thereby receive a benefit corresponding to the market value of the warrants at allocation (Warrant value). After subsidization the net cost for participant will amount to approximately 50 percent of the benefit value.

2) As the warrants are offered to the employees free of charge, the employees will thereby receive a benefit corresponding to the market value of the warrants at allocation (Warrant value). After subsidization the net cost for participant will amount to approximately 25 percent of the benefit value

3) Provided that the share price at the time of exercise amounts to at least SEK 47.443 (current Hurdle rate).

4) Provided that the share price at the time of exercise amounts to at least SEK 48.152 (current Hurdle rate).

5) Provided that the share price at the time of exercise amounts to at least SEK 35.675 (current Hurdle rate).