Share-related incentive programs

Summary of outstanding convertible debentures issued to Sectra employees and external Members of the Board as of April 30, 2020. The maturity of programs for employees are 3 years and for external members of the board 4 years.

As of April 30, 2020, full conversion and exercise of issued share-related incentive programs would increase the number of shares by a maximum of 27,233 series B shares, corresponding to less than 0.1% of the share capital and 0.1% of the voting rights.

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.

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%

 

2018/2022 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%

 

2018/2023 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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