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The Annual General Meeting in 2003 approved an employee stock option program conferring the right to acquire not more than 2,525,000 shares in Intrum Justitia AB at a price of SEK 57 per share.
In connection with the share redemption in 2005, the strike price was changed to SEK 54.60 per share and the number of shares that the employee stock option program confers was increased by four percent. The program is intended for 20 senior executives.
The options expire on May 30, 2009. If fully exercised, the options will dilute the number of shares and votes by approximately four percent. Owing to the current terms, 2,794,064 new shares are expected to be issued in connection with the exercise of employee stock options. For detailed information, klick here.
In connection with the share redemption in 2005, the strike price was changed to SEK 54.60 per share and the number of shares that the employee stock option program confers was increased by four percent. The program is intended for 20 senior executives.
The options expire on May 30, 2009. If fully exercised, the options will dilute the number of shares and votes by approximately four percent. Owing to the current terms, 2,794,064 new shares are expected to be issued in connection with the exercise of employee stock options. For detailed information, klick here.
