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Intrum — Remuneration Information 2022
Mar 7, 2022
2930_rns_2022-03-07_cb2fd8fe-ea55-4086-a0e4-bb4acfb5aa3b.pdf
Remuneration Information
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Intrum AB (publ) Corporate identity no.: 556607-7581
Stockholm 7 March 2022 at 08.00 CET
Press Release Incentive Program to Proposed Chairman
been informed by its largest shareholder, a Nordic Capital1 controlled entity, that it has granted 1,525,000 call options that entitle to purchase of 1,525,000 Intrum shares, to options are offered in order to further align his interests
The call option grant to Magnus Lindquist does other existing shareholders nor does it inflict any additional costs for Intrum.
The call options have been purchased on market terms and the value of the call options has been calculated by an independent valuation institute using a standard valuation model (Black-Scholes). The call options are divided into six series and each call option entitles to the purchase of one Intrum share during a certain exercise period and to a certain exercise price depending on the series. The exercise periods are specific for each series and fall in the first quarter of 2023 for the first series, in the second quarter of 2023 for the second series, in the fourth quarter of 2023 for the third series, in the second quarter of 2024 for the fourth series and in the fourth quarter of 2024 for the fifth and sixth series. The exercise prices of the six series range between SEK 275 and SEK 475. The call options have been purchased by Magnus Lindquist at a total value of approximately SEK 3,000,000.
The program has been prepared by Nordic Capital together with external advisors.
For further information, please contact: Kristin Andersson, PR & Media Relations Director +46 70 585 78 18 [email protected]
1The shares in Intrum are owned by Cidron 1748 S.à r.l., which is indirectly owned by Nordic Capital Fund VIII (i.e. Nordic Capital VIII Alpha, L.P. and Nordic Capital VIII Beta, L.P.)
This information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on 7 March 2022.
Intrum is the industry-leading provider of Credit Management Services with a presence in 24 markets in Europe. Intrum helps companies prosper by offering solutions designed to improve cash flows and long-term profitability and by caring for their customers. To ensure that individuals and companies get the support they need to become free from de mission. Intrum has circa 10,000 dedicated professionals who serve around 80,000 companies across Europe. In 2021, revenues amounted to SEK 17.8 billion. Intrum is headquartered in Stockholm, Sweden and the Intrum share is listed on the Nasdaq Stockholm exchange. For further information, please visit www.intrum.com.