Stockholm, 2016-06-30 17:30 CEST (GLOBE NEWSWIRE) --
The Board of Directors of Vostok New Ventures Ltd’s (“Vostok New Ventures” or “the Company”) has resolved to issue a total of 100,000 call options to employees of the Company. The options are issued out of the remaining 2,094,351 call options authorized under the Company’s incentive program, adopted at the Company’s May 5, 2010 Annual General Meeting.
The Call Options mature in July 2019.
The strike price is calculated as the average of the closing price on the 10 trading days preceding the decision plus 20%, which for the present options gives a strike price of SEK 58.19.
Per Brilioth
Managing Director
For further information please contact:
Björn von Sivers, Head of Investor Relations, Tel +46 8 545 015 50
Vostok New Ventures Ltd, formerly Vostok Nafta Investment Ltd, is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation. The company has a special focus on online marketplaces and businesses with strong network effects. The Swedish Depository Receipts (SDRs) of Vostok New Ventures are listed on Nasdaq Stockholm, Mid Cap segment, with the ticker VNV SDB. For more information on Vostok New Ventures, visit www.vostoknewventures.com.
