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.