In accordance with the guidelines for remuneration to the management adopted by the AnnuaI General Meeting, the Board of Directors of PartnerTech has decided on an incentive program for the CEO and senior executives.
As part of the incentive program senior executives in PartnerTech will acquire shares from the main owners Bure Equity AB and AB Traction for approximately SEK 1,5 million. The transactions are carried out at market value and there will be no dilution for other shareholders. Remium Nordic AB manages the transactions in the incentive program.
For more information, please contact:
Bengt Engström, Chairman of the Board, Tel. +46 725009444
PartnerTech (publ) is required to publicly disclose the information in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for public disclosure at 8.30 am on December 19th, 2014.
PartnerTech
PartnerTech is a global industrial partner offering customized solutions throughout the product lifecycle, from product development to manufacturing and aftermarket services, in a number of market areas such as MedTech and Oil&Gas. With approximately 1,400 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reports annual sales of more than SEK 2.2 billion. PartnerTech AB, the parent company, has its head office in Malmö, Sweden, and is listed on the Nasdaq OMX Stockholm Exchange. For more information www.partnertech.com.
