The Board of Directors of Ependion AB has decided to transfer own shares
The Board of Ependion has resolved to execute transfer of ordinary shares to the participants in LTI 2023/2026 and to sell ordinary shares on Nasdaq Stockholm for cashflow hedging purposes mainly relating to social security contributions arising as consequence of LTI 2023/2026. The transfers to the participants will take place as of May 27, 2026, while the transfers on Nasdaq Stockholm will take place during the period May 27 to September 23, 2026.
As resolved by the Annual General Meeting in 2023, Ependion transfers, as per May 27, 2026, 72,363 so called performance shares (ordinary shares) to the participants in the long-term incentive program resolved by the 2023 Annual General Meeting, in accordance with the terms of the program. The transfer is made without consideration.
In order to secure administrative costs, mainly costs for social security contributions, in respect of LTI 2023/2026, the Annual General Meeting 2026 has authorized Ependion’s Board of Directors to, on one or several occasions before the 2027 Annual General Meeting, decide on the transfer of own ordinary shares on Nasdaq Stockholm. Based on the authorization from the Annual General Meeting, the Board of Directors has decided to transfer 26,236 ordinary shares on Nasdaq Stockholm. The sale shall take place during the period May 27 to September 23, 2026 and at a price within the current price interval for the share. However, no sales will be made during a 30-day period prior to the announcement of a financial report. The sale will be reported via Nasdaq Stockholm in accordance with current regulations.
On the date of this press release, the total number of shares in Ependion amounts to 32,369,836, of which 32,243,284 ordinary shares and 126,552 class C shares. On the date of this press release, the company holds 98,599 own ordinary shares and 126,552 own class C shares, intended for ongoing incentive programs.