Vesting of Performance Share Units and reporting of transactions pursuant to Article 19 of Market Abuse Regulation
Company announcement no. 3 2024/25
Allerød, 14 June 2024
Pursuant to Matas A/S’ (Matas) Remuneration Policy, a total of 190,241 Performance Share Units (PSUs) related to the Company’s long-term incentive programme (LTIP) for 2021/22 have vested 14 June 2024.
The PSUs vested in the form of 68,463 shares being delivered to the Executive Committee and 121,778 shares being delivered to the rest of the executive team, including resigned managers.
The PSUs were delivered free of charge in the form of shares in Matas.
PSUs vested at 150% of the original grant. The PSUs vested represent a total value of DKK 23.1 million based on the closing price on 13 June 2024 of DKK 121.4.
According to the EU Market Abuse Regulation Article 19, Matas has received the following notification from management and their related parties’ regarding transactions in Matas shares and related securities in connection with the vesting of the PSUs.
For further information, please contact:
John Bäckman
Head of Investor Relations & Treasury
Phone +45 22 43 12 54
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Gregers Wedell-Wedellsborg |
| 2. | Reason for notification | |
| a) | Position/status | Group CEO |
| b) | Initial notification/amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Matas A/S |
| b) | LEI Code | 2138004PXX8LWGHGL872 |
| 4. | Details of the transaction(s): Section to be repeated for (i) Each type of instrument, (ii) Each type of transaction, (iii) Each date, and (iv) Each place where transactions have been conducted | |
| a) | Description of the financial instrument, type of instrument Identification code | Shares of Matas A/S DK0060497295 |
| b) | Nature of the transaction | Delivery of shares due to vested Performance Share Units |
| c) | Price(s) and volume(s) | Volume(s): 68,463 shares Price(s): DKK 0 |
| d) | Aggregated information Aggregated volume Price (DKK) | 68,463 shares DKK 0 |
| e) | Date of the transaction | 14 June 2024 |
| f) | Place of the transaction | Outside trading venue |