Remuneration Information • May 26, 2008
Remuneration Information
Open in ViewerOpens in native device viewer
Company announcement 8 / 2008
26 May 2008
On 23 May, share options were granted to the Chairman and members of the Executive Board.
28,000 share options were granted, each entitling the holder to acquire one share of a nominal value of DKK 20.00 in PARKEN Sport & Entertainment A/S.
The exercise price has been agreed at DKK 1,171.33 per share of DKK 20. Section 7 H of the Danish Tax Assessment Act shall apply.
The share options can be exercised in part or in full in the period from their issuance up to and including four weeks after the publication of PARKEN Sport & Entertainment A/S' annual report for the calendar year 2010.
The market value of the options granted has been calculated at DKK 7,636,000, based on the Black-Scholes model. This calculation is based on the assumption of a dividend rate of 0, a volatility rate of 30%, a risk-free interest rate of 4.30% and a time to expiration of 1.5 years.
PARKEN Sport & Entertainment A/S
Flemming Østergaard Chairman
PARKEN Sport & Entertainment A/S Øster Allé 50 DK-2100 København Ø CVR 15 10 77 07
(+45) 35 43 31 31 (+45) 35 43 31 13 [email protected] www.parken.dk
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.