Option Scheme
The Executive Management and a number of key employees in the Group have been granted options to purchase 633,304 shares in the company at a set price (strike price).
The Group’s share option plan includes a ”change of control” clause giving the holders the right to immediately exercise their options in connection with an acquisition.
Share-based plans (2003-2005 and 2006-2011 plan)
The share option plans for 2003-2005 and 2006-2011 are share-based payment arrangements. The value of the options is recognised in the income statement under staff costs on a linear basis from the time of allocation to the initial time of acquisition, which means that at the time of exercising the option no further recognition in the income statement takes place.
Specification of outstanding options