Incentive Programs

Boule has two outstanding incentive programs.

Warrant Program 2019/2022 
The warrant program comprises a total of 490,500 warrants that are gratuitously offered to employees in key positions in the Group. The total dilution will at a maximum be about 2.5 percent. Each option entitles the holder to purchase one (1) new Boule share during the period June 1, 2022 to December 30, 2022 at an exercise price of SEK 67.50 per share.

The distributions of the warrants have been offered as follows:
Category A – CEO: 98,100 warrants.
Category B – Member of the Group Management: 29,975 warrants each, may not exceed 269,775 warrants in total.
Category C – Other key people: Up to 5,332 warrants each, may not exceed 122,625 warrants in total.

A participant is entitled to subscribe for a greater number of warrants than stated in the guidelines above and may be granted additional warrants if the program has not reached full subscription. If over-subscription occurs, allotment shall be made to the participants who wish to subscribe for additional warrants, pro rata in relation to the number of warrants granted to them in the first allotment.

There are no restrictions of transfer of the warrants.

For full terms see the minutes of the Annual General Meeting in 2019.

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 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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