Issue and repurchase of C shares for incentive program
Hexatronic Group has completed the new issue and subsequent immediate repurchase of 1,130,007 C shares as resolved by the Annual General Meeting on May 5, 2025. The shares are being issued and repurchased in accordance with the long-term incentive program LTIP 2025 adopted by the Annual General Meeting.
Danske Bank A/S, Danske Bank branch Sweden, has subscribed for and been allocated all 1,130,007 C shares. Payment for the subscribed and allocated shares, and subsequently repurchased by Hexatronic, has been made at SEK 0.01 per share, corresponding to the quotient value of the shares.
The purpose of the repurchase is to ensure delivery of shares to participants in the program and to be able to cover any social security contributions arising from LTIP 2025. The C shares do not carry any right to dividends and entitle the holder to 1/10 of a vote per share at the Annual General Meeting.
Following the issue of C shares, the total number of shares in Hexatronic amounts to 209,464,753, of which 205,637,228 are ordinary shares and 3,827,525 are C shares. All C shares are held by Hexatronic.
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®.