Redemption of incentive shares in Kinnevik
Kinnevik AB (publ) today announced that the Board of Directors has resolved to redeem a total of 793,046 incentive shares issued under Kinnevik’s long-term incentive plan for 2021.
The Board of Directors has today resolved, in accordance with the Articles of Association, to redeem all outstanding 396,523 incentive shares of Class C 2021 and 396,523 incentive shares of Class D 2021 as the performance conditions for the long-term incentive plan for 2021 have not been fulfilled during the period 1 October 2021 – 30 September 2026.
For further information, visit www.kinnevik.com or contact:
Hannah Björk, Director Corporate Communication
Phone: +46 (0)70 762 00 50
Email: press@kinnevik.com
Kinnevik is a Swedish long-term owner of technology-enabled businesses with clear paths to sustainable, profitable growth, supporting them actively on boards and beyond. Founded in 1936 by the Stenbeck, Klingspor and von Horn families, Kinnevik builds value for shareholders over time. Kinnevik is listed on Nasdaq Stockholm’s large cap list under the ticker codes KINV A and KINV B.