Information about participation in the ÅF performance-related share programme
For further information:
|Jonas Ågrup, CFO||+46 (0)70-333 04 95|
|Viktor Svensson, Executive Vice President, Corporate Information||+46 (0)70-657 20 26|
At the Annual General Meeting of shareholders in ÅF AB held on 2 May 2011 it was resolved to implement a performance-related share programme for up to 100 key individuals in the company, including the President/CEO.
Participants in the programme are able to reserve a sum corresponding to a maximum of 5 percent of their gross salary for the purchase of ÅF shares on the OMX Nordic Exchange in Stockholm over a 12-month period from the date of implementation of the programme. On expiry of the application period, 95 ÅF employees in senior positions had expressed an interest in purchasing approximately 30,000 shares for the entire 2011 programme.
In the event that the preset performance targets are met in full, approximately 155,000 shares will subsequently be transferred to these employees free of consideration during 2014 and 2015. This can lead to dilution of a maximum of 0.5 percent of earnings per share.
Full details of the proposal are available on ÅF AB's website: www.afconsult.com
The ÅF Group is a leader in technical consulting, with expertise founded on more than a century of experience. We offer highly qualified services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. Today the ÅF Group has more than 4,500 employees.
Our base is in Europe, but our business and our clients are found all over the world.