Regulatory press releases, 15.07.2025
Hexatronic's long-term incentive program LTIP 2022 has expired
In connection with the expiry of Hexatronic's long-term incentive program LTIP 2022, the participants in the program have been allocated performance shares.
Magnus Angemund, Deputy Head of Fiber Solutions EMEA and member of Hexatronics' Group Management, will therefore shortly sell approximately 25,000 shares to cover tax obligations. Other members of Hexatronic's Group Management who have been allocated shares in LTIP 2022 have announced that they will not sell any shares at this time.
Hexatronic has converted 164,518 C shares into ordinary shares, of which 125,185 shares will be transferred to participants in LTIP 2022 and 39,333 shares will be sold on the stock exchange to cover social security costs. The shares allocated in the incentive program will be transferred free of charge. The transfers on the stock exchange will take place from July 16, 2026, until the next annual general meeting at a price within the price range applicable at the time for the share.
Hexatronic's total number of shares amounts to 208,334,746, of which 205,637,228 are ordinary shares and 2,697,518 are C shares. The company's holding of its own shares amounts to 720,818 ordinary shares and 2,697,518 C shares.
Issue and repurchase of C shares for incentive program
Hexatronic Group has completed the new issue and subsequent immediate repurchase of 1,130,007 C shares as resolved by the Annual General Meeting on May 5, 2025. The shares are being issued and repurchased in accordance with the long-term incentive program LTIP 2025 adopted by the Annual General Meeting.
Danske Bank A/S, Danske Bank branch Sweden, has subscribed for and been allocated all 1,130,007 C shares. Payment for the subscribed and allocated shares, and subsequently repurchased by Hexatronic, has been made at SEK 0.01 per share, corresponding to the quotient value of the shares.
The purpose of the repurchase is to ensure delivery of shares to participants in the program and to be able to cover any social security contributions arising from LTIP 2025. The C shares do not carry any right to dividends and entitle the holder to 1/10 of a vote per share at the Annual General Meeting.
Following the issue of C shares, the total number of shares in Hexatronic amounts to 209,464,753, of which 205,637,228 are ordinary shares and 3,827,525 are C shares. All C shares are held by Hexatronic.
About Us
Hexatronic creates sustainable networks all over the world. We partner with customers on four continents – from telecom operators to network owners – and offer leading, high-quality fiber technology for every conceivable application. Hexatronic Group AB (publ.) was founded in Sweden in 1993 and its share is listed on Nasdaq Stockholm. Our global brands include Viper, Stingray, Raptor, InOne, and Wistom®.
