The intention is to launch LTIP 2022 as soon as practically possible after the Annual General Meeting 2022. The term of LTIP 2022 is more than three years. LTIP 2022 will comprise a maximum of 125,500 shares in total, which corresponds to 0.13 percent of the total outstanding shares and votes in the company on a fully diluted basis. Statutory meeting of the Board of Directors
At the statutory meeting of the Board of Directors that was held after the Annual General Meeting 2022, the Board of Directors resolved to appoint as members of the remuneration committee Patrik Tigerschiöld, Arun Bansal and Robert Larsson, and as members of the audit committee Anna Belfrage, Katarina Bonde and Staffan Dahlström.
Furthermore, the Board of Directors resolved, based on the authorization given by the Annual General Meeting 2022, to acquire a maximum of so many of the company’s own shares that, at any given time, the company’s own holdings does not exceed five percent of all shares in the company. The purpose of the acquisition is to enable delivery of shares to participants in LTIP 2022 and to be able to continuously adjust the company’s capital structure to the company’s capital requirements.
The Board of Directors’ resolution may be executed up until the next Annual General Meeting. Acquisition shall be made on the Exchange and shall take place at a price per share which is within the price range recorded on the Exchange at any given time. Payment for the shares shall be made in cash.
For additional information, please contact:
Sven Chetkovich
Director Investor Relations
Tel: +46 70 558 39 19
-E-mail: sven.chetkovich@mycronic.com
The information in this press release was published on May 5, 2022, at 8:00 p.m. CEST.
About Mycronic
Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic’s headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom and the United States. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/mycronic-ab/r/communique-from-the-annual-general-meeting-and-statutory-meeting-of-the-board-of-directors-of-mycron,c3560874
The following files are available for download: