Acconeers management team members purchase shares through the exercise of the companys warrant program 2019/2022
Acconeer AB (publ) (Nasdaq First North Growth Market: ACCON) ("Acconeer" or the "Company") today announced that a group of employees of the Company, among others, four members of the Company's management team, have purchased shares through the exercise of Acconeers warrant program 2019/2022. To partially finance the subscription of shares, a group of participants in the warrant program has sold a total of 183,594 shares in the Company.
A group of participants in the Companys incentive program 2019/2022, including the Companys CEO Lars Lindell, COO Mikael Egard, Head of Marketing, Communications Anna Aleryd and Head of Product Management Mikael Rosenhed, have sold a total of 183,594 shares, corresponding to approximately SEK 8.6 million. Lars Lindell and Anna Aleryd will, after the warrant subscription and the share sale, increase their holdings in Acconeer, while Mikael Egard and Mikael Rosenhed sold as many shares as they subscribed for in the warrant program.
The sale of shares was carried out to partially cover personal tax effects as well as the subscription price and the costs that result from the exercise of the warrants under the incentive program. The company does not receive any proceeds from the share sale. Following the share sale, 338,514 warrants remain unused in the 2019/2022 option program. Outstanding warrants can be exercised until 30 June 2022 and entitle the holders to receive 345,284 shares in the Company upon exercise.
If all shares within the framework of the 2019/2022 warrant program are subscribed for, Acconeer will receive gross proceeds of approximately SEK 17.6 million.
For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on May 31, 2022 07:30.
The following documents can be retrieved from beQuoted
Acconeer-warrant-program-2019-2022 20220531.pdf
About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the companys Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.