Press release: Transfer of warrants in Nexam Chemical´s incentive program has been completed

Management and key personnel within the Nexam Chemical Group has signed for a
total of 700,000 warrants in the incentive program 2014/2017 resolved at the
Annual General Meeting in May 2014.
At the Annual General Meeting of Nexam Chemical Holding AB (publ) (“Nexam
Chemical”) on 14th May 2014, it was resolved to implement an incentive program
in which a maximum of 1,083,849 warrants could be transferred to senior
executives and key personnel within the Nexam Chemical Group. A total of 700,000
warrants has now been transferred whereof 160,000 warrants have been transferred
to CEO Anders Spetz. The board has the possibility to assign the remaining
warrants at a later date and, as previously announced, there is an ongoing
process of recruitment of senior executives.

In accordance with the resolution of the Annual General Meeting, the
subscription price upon exercise of the warrants has been set to 35.20 SEK per
share. This corresponds to 150 percent of the volume weighted average last
closing price for the Company’s share, on Nasdaq OMX First North, during the
period 1st September – 12th September 2014. The price for the warrant has been
calculated at market value according to the “Black Scholes” formula and amounts
to 0.20 SEK per warrant. In case all 2,028,625 warrants outstanding in the group
are exercised, the aggregate dilution will amount to approx. 3.8 percent. For
full terms and conditions of the incentive program, please see the
resolution (http://www.nexamchemical.com/Documents/AGM/2014/en/Nexam%20PROPOSAL%
2 
0FOR%20RESOLUTION%20ON%20ISSUANCE%20OF%20WARRANTS%20AND%20APPROVAL%20OF%20TRANSF
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R%20OF%20WARRANTS.pdf) from the Annual General Meeting.

Note: This press release has been translated from Swedish. The Swedish text
shall govern for all purposes and prevail in case of any discrepancy with the
English version.

For further information please contact:

Lennart Holm, Chairman of the Board, +46-706 30 85 62,
lennart.holm@nexamchemical.com
About Nexam Chemical
Nexam Chemical is a Swedish company with a world-leading technology within the
area heat-activated crosslinking of plastics and polymers. The company develops,
manufactures and markets unique heat-activated crosslinkers to the plastics
­market.  A company description and more information about the business will be
found on www.nexamchemical.com. The company’s Certified Adviser is Remium Nordic
AB.