Bure sells shares and issues call options to Cavotec's new CEO

Bure Equity AB, main owner of Cavotec SA, sells 750,000 shares in Cavotec at market price and issues 1,500,000 call options to David Pagels, Cavotec's new CEO.

The options are issued on market terms and have been valued using Black & Scholes. The options consist of two series with a term of three and five years, respectively. Each option provides the right to buy one share in Cavotec. The issued options have no dilution effect for Cavotec's shareholders since the transaction is against Bure Equity's existing shareholding.

Datum 2022-05-03, kl 12:00
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