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Announcement from LeoVegas' Extra General Meeting
The warrants shall be subscribed for by Gears of Leo AB, with the right and obligation to, at one or several occasions, transfer the warrants to a maximum of 50 selected members of the management team, senior executives and key employees, at a price that is not less than the fair market value of the warrant according to the Black & Scholes valuation model and otherwise on the same terms as in the issuance.
The subscription price per share has been set at SEK 50 in accordance with the resolution.
The maximum dilution effect of the incentive program amounts to a maximum of approximately 1.00 percent of the total number of shares and votes in the Company, assuming full subscription, acquisition and exercise of all offered warrants.
For detailed terms regarding the above-described resolutions at the EGM, please refer to the complete proposal, which is available on the Company's website: www.leovegasgroup.com.
Mårten Forste, Chairman of the Board
+46-(0)-8-410-367-66, marten.forste@leovegasgroup.com
Gustaf Hagman , Group CEO
+46-(0)-8-410-367-66, gustaf.hagman@leovegasgroup.com
Philip Doftvik, Director of Investor Relations and Corporate Finance
+46-73-512-07-20, philip.doftvik@leovegasgroup.com
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https://news.cision.com/leovegas-mobile-gaming-group/r/announcement-from-leovegas--extra-general-meeting,c2889694
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