Lindab's incentive programme for employees fully subscribed
Lindab's incentive programme for senior executives and key employees within the Company has been received with great interest. 85 people, corresponding to 95 percent of those invited to participate, have subscribed to 784,000 share warrants, which have been acquired at market-based price. The participants represent some thirty countries.
The AGM 7 May 2008 resolved in favour of an incentive programme for senior executives and key employees within Lindab. The programme consists of share warrants with the right to subscribe to shares in Lindab International AB during the period 1 June 2010 up to and including 31 May 2011. The dilutive effect of the programme will amount to 1 percent of the share capital.
The executive management have fully subscribed to their respective allocations.
The complete conditions for the programme can be found in the board's proposal to the AGM. The proposal is available at www.lindabgroup.com (Investor Relations).
End
The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make
public according to the laws for Stock Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.
Contacts:
LINDAB
Kjell Åkesson, CEO
Email: kjell.akesson@lindab.com
Tel. +46 (0)431 850 00 / 850 07
Nils-Johan Andersson, CFO
Tel. +46 (0)431 85075
About Lindab:
Lindab is an international group that develops, manufactures and markets sheet metal products and system solutions for the construction sector.
The two business areas, Profile and Ventilation offer complete solutions for construction systems and indoor climate, as well as individual construction and ventilation components for all types of buildings.
Lindab is listed on the Stockholm Stock Exchange, Nordic Large Cap under the ticker "LIAB".
The Lindab group has approximately 5,000 employees in 30 countries and generated sales of SEK 9,280 million in 2007. Its head office is located in Grevie near Bastad in southwestern Sweden. For more information visit www.lindabgroup.com