Fredrik Berglund, CEO, is granted employee options
The board of Pricer AB (publ) has today decided to grant Mr Fredrik Berglund, new CEO in Pricer since August 2010, 1 million employee options from the existing program TO 10 approved by the Annual General Meeting in 2008. These options expire on June 30th, 2012 and have a strike price of SEK 0.74. The board decided that these options shall vest based on continued employment monthly from September 2010 until June 2012, i.e. during 22 months. The vesting period is shorter than what was informed in the material to the Annual General Meeting, then at three years, as there is less than three years left to expiry of these options.
For further information, please contact:
Peter Larsson, chairman, or Harald Bauer, CFO, Pricer AB: +46 8 505 582 00
In its capacity as issuer, Pricer AB is releasing the information in this press release in accordance with the Swedish Securities Exchange Act (2007:528). The information was distributed to the media for publication at 11.00 hrs CET on Friday December 3rd, 2010.
Pricer AB (publ.) is quoted on the Nordic Small Cap list of OMX.