Warrant programme

Warrant programme

 

Doro has an outstanding warrant programme 2018-2021. (Document oly available in Swedish.)

 

Warrant programme 2014-2017

The Extraordinary General Meeting on August 21, 2014 adopted a resolution to effect a directed issue of warrants to senior executives and key employees in the Doro group. Each warrant entitled the holder to subscribe for one share at a pre-determined price of SEK 42.00 in the period May 22, 2017 to June 21, 2017.

 

The warrant price of SEK 1.26 is calculated according to the Black & Scholes model, taking into consideration estimated dividend and a share price of SEK 31.10, volatility of 30%, risk-free interest of 0.31% and a duration of 2.78 years (Sep 12, 2014-Jun 21, 2017). Doro issued a total of 841.000 warrants.