During the last week, certain individuals of Gunnebo’s Executive Management Team have increased their holdings in Gunnebo through investing in call options, issued by the two principal owners Stena Adactum AB and Vätterledens Invest AB, at price equal to the estimated market value. The valuation of the call options has been performed by an independent party according to standard methods. The options have a term of five years.
Stefan Syrén, President & CEO, has increased his holdings with 200,000 stock options. His total holding is now 100,000 shares and 250,000 call options.
Robert Hermans, Deputy CEO and SVP Entrance Control has increased his holdings with 200,000 call options. His total holding is now 35,000 shares and 200,000 call options.
Christian Weisser, SVP Cash Management, has increased his holdings with 200,000 call options. His total holding is now 40,000 shares and 200,000 call options.
Gunnebo AB did not participate in the offer. The principal owners’ intention in issuing the call options is to encourage the Executive Management’s long-term commitment to the company.
