ALK-Abelló

Remuneration Information • Mar 17, 2014

Copenhagen, 2014-03-17 15:36 CET (GLOBE NEWSWIRE) --

Share option programme
According to the guidelines for incentive payments adopted at the Company's
annual general meeting on 12 March 2014, the Board of Directors has passed a
resolution to grant a total of 53,400 share options, comprising 21,300 options
to the members of the Board of Management and 32,100 options to a group of key
employees.

The options can be exercised during the period from 1 March 2017 to 1 March
2021 during the trading windows following the release of annual and interim
reports. If the option holders have not exercised their options within the
period specified, the options will lapse without any compensation to the
holders.

The exercise price of the options has been set at DKK 669 each, corresponding
to an average of the closing prices of the Company’s shares on NASDAQ OMX
Copen­hagen during the period 10 - 14 March 2014 (both days included). To this
should be added annual interest at the rate of 2.5%, which will be added the
first time on 1 March 2015. The exercise price of the options will be adjusted
on payment of dividend, to the effect that DKK 1 of dividend per share results
in a reduction of the exercise price by DKK 1.

The market value of the adopted option plan of 53,400 options is approximately
DKK 6.5 million applying the Black & Scholes model for valuation of options.
The determination of the value is based on an assumed exercise price of DKK
739, an annual dividend distribution of DKK 5 per share, a volatility rate of
25% p.a. and a risk-free interest rate of 1.20% p.a.

Under the international financial reporting standards (IFRS), the incentive
plan will be recognised in the income statement in the respective functional
areas over the vesting period.

The grant of share options does not change the Company’s financial forecast.

No share options have been granted to members of the Board of Directors.

                             ALK-Abelló A/S

For further information please contact:
Steen Riisgaard, Chairman of the Board of Directors, tel +45 4574 7576