Incentive Programs

Boule has three outstanding incentive programs.

Warrant Program 2020/2023 

The warrant program comprises at most a total of 180,000 warrants that are gratuitously offered to employees in key positions in the Group. The total dilution will at a maximum be about 0.9 percent.

Each warreant entitles the holder to purchase one (1) new Boule share during the period June 1, 2023 to December 30, 2023 at an exercise price corresponding to 140 percent of the share’s average buy price during the period May 8, 2020 to May 22, 2020, with a minimum of SEK 70.00 per share.

The distributions of the warrants have been offered as follows:
Category A – CEO: Up to 100,000 warrants.
Category B – Member of the Group Management: Up to 30,000 warrants.
Category C – Other key people: Up to 10,000 warrants each, may not exceed 50,000 warrants in total.

For full terms see the minutes of the Annual General Meeting in 2020.

Warrant Program 2017 
Warrant program comprises a total of 122,631 warrants that were gratuitously offered to employees in key positions in the Group. The total dilution may be no more than 2.53 percent.

Each option entitles the holder to purchase four (4) new Boule shares at an exercise price of SEK 97.50 per share during the period July 1, 2020 to December 30, 2020.

The distributions of the warrants have been offered as follows:
Category A – CEO: 48,631 warrants.
Category B – Member of the Group Management: 9,000 – 18,000 warrants each, may not exceed 54,000 warrants in total.
Category C – Other key people: Up to 2,000 warrants each, may not exceed 20,000 warrants in total.

There are no restrictions of transfer of the warrants.

For full terms see the minutes of the Annual General Meeting in 2017.

Corporate Governance reports

Corporate reports

Only available in Swedish

Corporate reports 2019


Corporate reports 2018


Corporate reports 2017
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Corporate reports 2016
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Corporate reports 2015
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Corporate reports 2014
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Corporate reports 2013
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Corporate reports 2012
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