Share-related incentive programs

Summary of outstanding convertible debentures issued to Sectra employees and external Members of the Board as of November 11, 2019. The maturity of programs for employees are 3 years and for external members of the board 4 years.

As of November 8, 2019, full conversion and exercise of issued share-related incentive programs would increase the number of shares by a maximum of 180,473 Series B-shares corresponding to 0.5% of the share capital and 0.3% of votes.

In accordance with the applicable terms and conditions for issued convertible programs, the conversion prices have been recalculated in the event of a redemption process and reduction of share capital. The figures stated below have been adjusted due to the share redemption programs implemented by Sectra and include changes related to the share redemption program in October 2019. The adjustment of the conversion prices were made November 8, 2019.

2015/2019 External Members of the Board

No. of series B shares: 27,342
Original conversion price/Final conversion price: SEK 140.40/128.00
Conversion period: December 9–13, 2019
Maturity date: December 31, 2019
Dilution at full conversion, capital: 0.1%


Application form conversion

Note: This application form may only be used if your convertibles are in a securities account. If your convertibles are in custody in a deposit account with a bank or securities trader, contact your bank or securities trader for conversion.

2016/2019 Employees

No. of series B shares: 125,898
Original conversion price/Final conversion price: SEK 181.80/SEK 171.00
Conversion period: December 9–13, 2019
Maturity date: December 31, 2019
Dilution at full conversion, capital: 0.3%


Application forms conversion

Note: This application form may only be used if your convertibles are in a securities account. If your convertibles are in custody in a deposit account with a bank or securities trader, contact your bank or securities trader for conversion.

2016/2020 External Members of the Board

No. of series B shares: 19,325
Original conversion price/Recalculated conversion price: SEK 192.50/SEK 181.10
Conversion period: December 10–16, 2020
Maturity date: December 31, 2020
Dilution at full conversion, capital: 0.05%

 

2018/2021 Employees

No. of series B shares: 6,895
Original conversion price/Recalculated conversion price: SEK 376.80/371.60
Conversion period: January 10–14, 2022
Maturity date: January 31, 2022
Dilution at full conversion, capital: 0.02%

 

2018/2022 External Members of the Board

No. of series B shares: 1,013
Original conversion price/Recalculated conversion price: SEK 388.90/383.60
Conversion period: January 9–13, 2023
Maturity date: January 31, 2023
Dilution at full conversion, capital: 0.003%

 

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