Share based incentive programme fully subscribed


Share based incentive programme fully subscribed

The incentive programme resolved by the 2010 Annual General Meeting for
managers and members of senior management for up to 260,000 call options
to purchase class B shares held in treasury was fully subscribed. A
total of 26 managers in the Group will acquire options under the 2010
programme.

The call options will be transferred at a price of SEK 2.40 per call
option, equivalent to the market value according to a valuation
performed by Nordea Bank AB (publ), Corporate Finance. The redemption
price amounts to SEK 42.00 (which is equivalent to 120 percent of the
average market price during the measuring period 6 - 17 September 2010).
The redemption period is at three occasions up until 4 October 2013,
inclusive.

Stockholm, 27 September 2010

Lagercrantz Group AB (publ)

 

For further information, contact:
Jörgen Wigh, President & CEO, Lagercrantz Group AB, telephone +46 8 700
66 70
Niklas Enmark, CFO, Lagercrantz Group AB, telephone +46 8 700 66 70