Examples of Investment Shares in a sentence
Participants are offered to purchase a maximum number of Investment Shares that shall be allocated to LTIP 2022.
Except for LTIP 2021 Shares, Indutrade shares already held by the Participants at the time of implementation of the programme may not be accounted for as Investment Shares under LTIP 2024.
Should the Participant be prohibited from acquiring Indutrade shares under market abuse rules or similar at the time of enrolment in LTIP 2024, Investment Shares must instead be acquired as soon as such restrictions no longer apply.
Allotment of Indutrade shares pursuant to the Performance Share Rights is subject to the fulfilment of the performance condition set out below, and will generally require that the Participant retains their employment and all of their Investment Shares over a period of approximately three years from the launch of the programme until the date of announcement of the interim report for the first quarter of 2027(the “ Vesting Period”).
The maximum number of Investment Shares allotted to a participant shall be calculated as a percentage of the relevant participant’s annual fixed salary divided by SEK 35.88, which was the averageshare price during the period 11 February 2022 to 10 March 2022.