Extraordinary General Meeting in Hexagon AB

Extraordinary General Meeting in Hexagon AB

 

The extraordinary general meeting resolved today in accordance with the Board of
Director’s proposal to implement a warrants programme for the group management,
division management, other senior managers and key employees in the group by a
directed issue of 13,665,000 subscription warrants.

The issue shall be directed to the wholly-owned subsidiary Hexagon Förvaltning
AB for the purpose of transferring them to approximately 250 of the Board of
Director’s identified participants at a price corresponding to the issue rate of
SEK 10 per warrant and the remaining warrants shall be reserved for future
recruitment. The issue rate may be adjusted in case of material changes in the
price of Hexagon AB’s share until to subscription is made by Hexagon Förvaltning
AB.

Each subscription warrant shall entitle the holder to subscribe for one share of
series B in Hexagon AB during the period from 1 January 2012 up to and including
31 December 2015. The subscription rate for one new share shall be determined
based on a market valuation of the subscription warrants including the issue
rate per subscription warrant. The proposed issue of warrants will result in a
total dilution of maximum approximately 3.7 per cent in proportion to the number
of shares in the company.

The reason for deviation from the shareholders’ preferential rights is that
Hexagon AB wishes to introduce a warrants programme intended for allotment to
senior managers and key employees within the group, whereby they will be offered
the opportunity to take part in a value increase of the company’s share. This is
expected to increase the interest in the company’s development – as well as in
the company’s share price development – and to stimulate a continued company
loyalty over the forthcoming years.

 

 

This press release consists of such information that Hexagon AB (publ) is
obliged to disclose in accordance with the Swedish Securities Market Act and /or
the Financial Instruments Trading Act. The information was submitted for
publication on 15 December 2011 at 18:00 CET.

For further information please contact: Mattias Stenberg, Vice president
Strategy & Communications, Hexagon AB, 46 8 601 26 27, ir@hexagon.com