The board of directors’ resolutions were made based on the authorisations resolved upon by the extraordinary general meeting on 21 January 2021. The class C shares where subscribed and paid for, and immediately repurchased from, Nordea Bank Abp. Both the subscription price and the repurchase price of the class C shares corresponded to an amount equal to the quota value of the shares (i.e. SEK 5.0 per share). As a result of the issuance of the class C shares, the company’s share capital increases by SEK 650,000.
The company will hold all 130,000 class C shares in treasury during the vesting period of LTIP 2021. In connection with a potential allotment of class B shares to the participants in LTIP 2021, class C shares will be converted into class B shares and transferred to the participants in accordance with the extraordinary general meeting’s resolution and the terms and conditions for LTIP 2021.
For more information about LTIP 2021, please see the company’s website www.mtg.com.
The information was submitted for publication, through the agency of the contact person set out below, at 17.15 CEST on 29 March 2021.