On October 6, 2022, the annual general meeting of VibroSense Dynamics AB (publ) ("VibroSense" or the "Company") decided on an incentive program consisting of warrants of series TO2022/2025:S for board members and an incentive program consisting of warrants of series TO2022/2025:N to employees in the Company. The subscription period for participation in the respective incentive program has now ended and the warrants have been assigned. Board members and employees subscribed a total of 130,000 warrants at the subscription price of SEK 1.03 per warrant, of which 75,000 warrants were subscribed by board members and 55,000 warrants were subscribed by employees.
At the annual general meeting on October 6, 2022, it was decided on an incentive program aimed at board members and an incentive program aimed at employees in the Company. The subscription price for the warrants in each program has been calculated through a valuation, by an independent valuer, according to the Black Scholes valuation method. The conditions for the warrants in the respective incentive programs mean that a warrant subscribed at the price of SEK 1.03 can be used to subscribe for a new B share with an exercise price of SEK 15.90 during the period 1 November to 1 December 2025.
Below is a list of all people on the board who signed warrants of series TO2022/2025:S:
- Axel Sjöblad, chairman of the board, 25,000 warrants
- Mozhgan Dorkhan, director, 25,000 warrants
- Håkan Petersson, board member 25,000 warrants
The employees who signed warrants of series TO2022/2025:N are listed below:
- Hans Wallin, CEO, 20,000 warrants
- Lars Ek, Sales and marketing manager, 20,000 warrants
- Per Olofsson responsible for support and production, 15,000 warrants
If all allocated warrants in both incentive programs are used to subscribe for shares, the number of shares in VibroSense will increase by 130,000 from 15,102,009 to 15,232,009 and the share capital will increase by SEK 13,000 from SEK 1,510,200.90 to 1,523,200 SEK .90, implying a dilution effect of approximately 0.85 percent of the shares and approximately 0.67 percent of the votes in the Company.
For more information on the incentive programs, please refer to the notice to the annual general meeting and the complete proposals which are published on the Company's website: www.vibrosense.se .
Hans Wallin, CEO VibroSense Dynamics AB
Tel: +46 40 88 026
The information was provided, through the above contact person, for publication on
November 16 2022, 10: 00 CET.
"The new Gold Standard for reliable
detection of nerve damage"
About VibroSense Dynamics AB (publ)
VibroSense Dynamics AB ( publ ) develops and sells medical technology products and services for diagnostic support for nerve damage in the hands and feet. The method involves measuring and quantifying the ability to feel vibrations at several frequencies. The company's customers are diabetes clinics, occupational health care, hospitals, health centers and researchers.
Our vision is that the company's products should be a standard instrument in all neurological examinations to detect early signs of changes in sensation so that patients and their caregivers can implement preventive measures that prevent, reduce or delay the onset of nerve damage in the hands and feet.