The incentive programme, based on subscription warrants of series 2019/2022:1-6 which DistIT AB ("DistIT" or "the Company") introduced in 2019 with a term until March 2022, has now been terminated. The programme covered CEO Robert Rosenzweig, who subscribed for 132 219 new shares at a subscription price of SEK 40 per share, corresponding to a total of SEK 5 288 760.
In conjunction with the share subscription, and in order to enable Robert Rosenzweig's subscription of new shares, DistIT has repurchased a total of 137 780 of the unexercised subscription warrants in the programme from Robert Rosenzweig, for a total purchase price of SEK 5 288 784. Robert Rosenzweig has used the purchase price for the repurchased subscription warrants to pay for the newly subscribed shares via a settlement.
Stefan Charette, Chair of the Board: "We are pleased that Robert Rosenzweig continues to increase his share holding in DistIT."
Once the subscribed shares have been registered, there will be a total of 14 040 466 outstanding shares in the Company, and the share capital will amount to a total of SEK 28 080 932.