DistIT : terminates the incentive programme 2019/2022, whereby the CEO subscribes for shares totalling SEK 5 288 760 with the support of subscription warrants, and unexercised subscription warrants are repurchased by DistIT.
March 16, 2022 at 05:08 pm
Share
The incentive programme, based on subscription warrants of series 2019/2022:1-6 which DistIT AB ("DistIT" or "the Company") introduced in 2019 with a term until March 2022, has now been terminated. The programme covered CEO Robert Rosenzweig, who subscribed for 132 219 new shares at a subscription price of SEK 40 per share, corresponding to a total of SEK 5 288 760.
In conjunction with the share subscription, and in order to enable Robert Rosenzweig's subscription of new shares, DistIT has repurchased a total of 137 780 of the unexercised subscription warrants in the programme from Robert Rosenzweig, for a total purchase price of SEK 5 288 784. Robert Rosenzweig has used the purchase price for the repurchased subscription warrants to pay for the newly subscribed shares via a settlement.
Stefan Charette, Chair of the Board: "We are pleased that Robert Rosenzweig continues to increase his share holding in DistIT."
Once the subscribed shares have been registered, there will be a total of 14 040 466 outstanding shares in the Company, and the share capital will amount to a total of SEK 28 080 932.
For further information:
Robert Rosenzweig, CEO DistIT AB
Phone: +46 70 768 50 42
Email: robert.rosenzweig@distit.se
Philip Gunnarsson, CFO DistIT AB
Phone: +46 73 086 96 82
Email: philip.gunnarsson@distit.se
About DistIT AB
DistIT acquires, owns and develops niche distributors of IT, mobility, consumer electronics, networking and data communications products in Europe. Companies within the DistIT Group deliver B2B as well as B2C products to the IT markets in Europe. The DistIT stock is listed on the Nasdaq First North Premier exchange and DistIT's Certified Adviser is Erik Penser Bank AB, e-mail certifiedadviser@penser.se, phone +46 8 463 83 00.
Attachments
Original Link
Original Document
Permalink
Disclaimer
DistIT AB published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 17:07:02 UTC.
DistIT AB is a Sweden-based information technology (IT) company. It acquires, owns and develops small distributors in the fields of IT, mobile, consumer electronics and data communication in the Nordic region. It offers a range of computer accessories, switches, converters, cables, fiber optic cables, networking products, peripherals, accessories, elements of IT infrastructure and multimedia products under the DELTACO brand name. The Company offers its products to both private and corporate customers. The Deltaco group comprises around 20 medium-sized distributors, including SweDeltaco AB, Aurora Group A/S, UAB Sominis technology and Winther Wireless AB, among others. The Companyâs main shareholders are Ribbskottet AB, Avanza Pension FAB and Catella Fondforvaltning AB.
DistIT : terminates the incentive programme 2019/2022, whereby the CEO subscribes for shares totalling SEK 5 288 760 with the support of subscription warrants, and unexercised subscription warrants are repurchased by DistIT.
DISTIT AB 
