Hexatronic's long-term incentive program LTIP 2022 has expired
In connection with the expiry of Hexatronic's long-term incentive program LTIP 2022, the participants in the program have been allocated performance shares.
Magnus Angemund, Deputy Head of Fiber Solutions EMEA and member of Hexatronics' Group Management, will therefore shortly sell approximately 25,000 shares to cover tax obligations. Other members of Hexatronic's Group Management who have been allocated shares in LTIP 2022 have announced that they will not sell any shares at this time.
Hexatronic has converted 164,518 C shares into ordinary shares, of which 125,185 shares will be transferred to participants in LTIP 2022 and 39,333 shares will be sold on the stock exchange to cover social security costs. The shares allocated in the incentive program will be transferred free of charge. The transfers on the stock exchange will take place from July 16, 2026, until the next annual general meeting at a price within the price range applicable at the time for the share.
Hexatronic's total number of shares amounts to 208,334,746, of which 205,637,228 are ordinary shares and 2,697,518 are C shares. The company's holding of its own shares amounts to 720,818 ordinary shares and 2,697,518 C shares.
For more information, please contact: Rikard Fröberg, CEO [email protected] +1 732 742 4107
Pernilla Lindén, CFO +46 (0) 70 877 58 32
About Us
Hexatronic creates sustainable networks all over the world. We partner with customers on four continents – from telecom operators to network owners – and offer leading, high-quality fiber technology for every conceivable application. Hexatronic Group AB (publ.) was founded in Sweden in 1993 and its share is listed on Nasdaq Stockholm. Our global brands include Viper, Stingray, Raptor, InOne, and Wistom®.