Boule has one outstanding incentive program.
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.