Search Weight Loss Topics: |
FOM Technologies A/S : Implementation of incentive and retention program – marketscreener.com
28.10.202023:21:40 CET | FOM Technologies | Company Announcement
Company announcement no. 7 2020Copenhagen, the 28th of October 2020
As anticipated in the company IPO memorandum, the Board of Directors has today decided to implement an incentive and retention program to management and all full-time employees. The program consists of issuing of new shares and granting of warrants in the following proportions:
* Issuing of 12,000 new shares at a nominal value of DKK 0.10 per share at price par.* Issuing of 113,000 warrants which gives the right to a subscription of 113,000 shares in the company, at a nominal value of DKK 0.10 per share.
The purpose of the program is to maintain the employment of professional and valuable resources in the company, and to provide an incentive for them to make a special effort for the value creation of the company. The incentive and retention program involves management and all full-time employees of the company.
The warrant program will be vested over a 12 months period, starting from the issuing date. The warrants are granted as a one-time grant, and vesting will be in accordance with specification by the Board of Directors where warrant holders earn the right to exercise the warrants with 1/12 per month from the date of the issuing.
Warrants can be exercised at a price of DKK 33.75 in 2 exercise windows. One in 2022 and one in 2023. The exercise window is defined as the three-week period after the publishing of the 2021 and the 2022 annual reports.
If fully vested and exercised, the implemented program will increase the FOM Technologies share pool by 1,69 % from 7.407.412 shares to 7.532.412 shares in 2023. The implemented program may be followed by similar warrant programs, which ultimately may increase the incentive share/warrant pool to 740.741 shares (10 % of share capital) if fully vested and exercised by 2028.
The theoretical market value of a warrant granted is DKK 8.56 calculated using the Black-Scholes model. The key assumptions for the calculation are: A share price of DKK 39.00 (Nasdaq First North closing price on Thursday the 28th of Oct. 2020). An exercise price of DKK 33.75 (equivalent to a market cap of DKK 250 mio.) A duration of 2 years and 4 months. Volatility of 25.00 %, and an interest rate of 0.10 %.
The specific terms and condition for granting, vesting and exercise of the warrants are set out in Appendix 1 to the Company's articles of association.
CONTACT INFORMATION:Company:FOM Technologies A/SCEO Michael StadiTlf: +45 20 66 60 44E-mail: ms@fomtechnologies.comwww.fomtechnologies.com
Certified Advisor:Norden CEF ApSJohn NordenTlf: +45 20 72 02 00E-mail: jn@nordencef.dkwww.nordencef.dk
Communication:Gullev & Co. ApSBoris GullevTlf: +45 31 39 79 99E-mail: borisgullev@gmail.comwww.gullev.co
Ritzau Denmark, source Ritzau English Regulatory Releases
Read the original here:
FOM Technologies A/S : Implementation of incentive and retention program - marketscreener.com
- Exercise Programs - Getting Started [Last Updated On: June 10th, 2011] [Originally Added On: June 10th, 2011]
- Staying on TRAC: New Fall Group Exercise Programs [Last Updated On: June 10th, 2011] [Originally Added On: June 10th, 2011]
- Exercise Programs Lake Forest CA, Foothill Ranch, Laguna Hi [Last Updated On: June 11th, 2011] [Originally Added On: June 11th, 2011]
- Exercise Programs Laguna Beach [Last Updated On: June 12th, 2011] [Originally Added On: June 12th, 2011]
- Basic Exercise Plans : How to Do a Proper Push-Up [Last Updated On: June 13th, 2011] [Originally Added On: June 13th, 2011]
- Muscle building form and exercise programs on TV with Robert Marting [Last Updated On: June 13th, 2011] [Originally Added On: June 13th, 2011]
- Basic Exercise Plans : How to Do Military Push-Ups [Last Updated On: June 14th, 2011] [Originally Added On: June 14th, 2011]
- Exercise Programs - National MS Society [Last Updated On: June 14th, 2011] [Originally Added On: June 14th, 2011]
- Can Brain Exercise Programs Save New Neurons? [Last Updated On: June 14th, 2011] [Originally Added On: June 14th, 2011]
- Community Exercise Programs - Walking Wellness - Get Your Walk On! [Last Updated On: June 15th, 2011] [Originally Added On: June 15th, 2011]
- What types of exercise or exercise programs are recommended? [Last Updated On: June 15th, 2011] [Originally Added On: June 15th, 2011]
- Personal Training Exercise Programs for Fitness and Osteoporosis [Last Updated On: June 16th, 2011] [Originally Added On: June 16th, 2011]
- Try These Proven Weight Loss Exercise Programs [Last Updated On: June 19th, 2011] [Originally Added On: June 19th, 2011]
- Basic Exercise Plans : How to Do Jumping Jacks [Last Updated On: June 19th, 2011] [Originally Added On: June 19th, 2011]
- Why Do I Keep Failing on Exercise Programs? [Last Updated On: June 23rd, 2011] [Originally Added On: June 23rd, 2011]
- MIKE'S WORKOUTs @ MEFIT STUDIO GYMEA - FAT LOSS + MOVEMENT DEVELOPMENT MODERATE DEMAND [Last Updated On: June 23rd, 2011] [Originally Added On: June 23rd, 2011]
- (WARNING) The Best Penis Exercise Programs (THE DIRTY TRUTH) [Last Updated On: June 26th, 2011] [Originally Added On: June 26th, 2011]
- Les Mills Group Exercise Programs IHRSA 2011 [Last Updated On: June 27th, 2011] [Originally Added On: June 27th, 2011]
- MSC Group Exercise Programs [Last Updated On: June 30th, 2011] [Originally Added On: June 30th, 2011]
- The Truth About Supervised Exercise Programs and Lower Back Pain [Last Updated On: June 30th, 2011] [Originally Added On: June 30th, 2011]
- Online Personal Trainer - Customized Exercise, Weight Loss and Exercise Programs ONLINE [Last Updated On: July 1st, 2011] [Originally Added On: July 1st, 2011]
- Weight Loss Exercise Program Week 1 [Last Updated On: July 3rd, 2011] [Originally Added On: July 3rd, 2011]
- Lose Fat [Last Updated On: July 7th, 2011] [Originally Added On: July 7th, 2011]
- Choosing the Right Exercise Program : How to Create a Workout Schedule [Last Updated On: July 10th, 2011] [Originally Added On: July 10th, 2011]
- 10 fitness secrets #1 daily exercise programs [Last Updated On: July 12th, 2011] [Originally Added On: July 12th, 2011]
- Get Fit Team KMBC: Exercise Programs [Last Updated On: July 23rd, 2011] [Originally Added On: July 23rd, 2011]
- Mike's Workouts - Free-Styling Wk - Quikie 20min Ab Blast [Last Updated On: July 28th, 2011] [Originally Added On: July 28th, 2011]
- DNAMSEL - Review of our favorite workout programs [Last Updated On: July 28th, 2011] [Originally Added On: July 28th, 2011]
- Mike's Workouts - Quickie AB Blast (10min) [Last Updated On: July 29th, 2011] [Originally Added On: July 29th, 2011]
- Chiropractors and Medical Exercise Programs - Medical Fitness Academy [Last Updated On: July 29th, 2011] [Originally Added On: July 29th, 2011]
- PWR! Training - Unfreezing for an individual with Parkinson disease with severe freezing [Last Updated On: July 29th, 2011] [Originally Added On: July 29th, 2011]
- Personal Trainer Sydney |Fitness Program |Exercise program [Last Updated On: August 3rd, 2011] [Originally Added On: August 3rd, 2011]
- Soviet Union 1985 Morning exercise TV show [Last Updated On: August 3rd, 2011] [Originally Added On: August 3rd, 2011]
- tlantic dance academy. Body developmental exercise programs [Last Updated On: August 12th, 2011] [Originally Added On: August 12th, 2011]
- Maintaining the gains - guidelines for community baesd exercise programs for people with stroke [Last Updated On: August 13th, 2011] [Originally Added On: August 13th, 2011]
- Newsletter #3-Muscle Soreness, Lunges and Exercise Programs [Last Updated On: August 17th, 2011] [Originally Added On: August 17th, 2011]
- B3 Garage Manual Promo - Dirt Bike Fitness Training Programs [Last Updated On: September 4th, 2011] [Originally Added On: September 4th, 2011]
- Mike's Workouts - Full Body Toning [Last Updated On: September 4th, 2011] [Originally Added On: September 4th, 2011]
- Lauren Capozzi - Benefits of Exercise for Cancer Survivors [Last Updated On: September 4th, 2011] [Originally Added On: September 4th, 2011]
- Intense Cardio Exercise [Last Updated On: September 4th, 2011] [Originally Added On: September 4th, 2011]
- Basic Exercise Plans : How to Slim the Waist Without Losing Weight in Other Areas [Last Updated On: September 5th, 2011] [Originally Added On: September 5th, 2011]
- Basic Exercise Plans : How to Do a Pull-Up [Last Updated On: September 5th, 2011] [Originally Added On: September 5th, 2011]
- Australian Women's Weekly Body Balance exercise program [Last Updated On: September 5th, 2011] [Originally Added On: September 5th, 2011]
- Day 22: Sexy Back with SELF Magazine [Last Updated On: September 6th, 2011] [Originally Added On: September 6th, 2011]
- Day 18: Toneitup's SELF Magazine Workout [Last Updated On: September 6th, 2011] [Originally Added On: September 6th, 2011]
- Vibration Plate workout guide exercise program Power Vibe CF1000 Toning Plate Fitness Workout [Last Updated On: September 7th, 2011] [Originally Added On: September 7th, 2011]
- Stronger Seniors Chair Exercise Program [Last Updated On: September 9th, 2011] [Originally Added On: September 9th, 2011]
- Sweaty Workout with Toneitup.com [Last Updated On: September 9th, 2011] [Originally Added On: September 9th, 2011]
- Insanity~Plyo Cardio Circuit (The tatas might need a lil more support) [Last Updated On: September 9th, 2011] [Originally Added On: September 9th, 2011]
- Stronger Seniors Core Fitness Pilates exercise program for Seniors [Last Updated On: September 10th, 2011] [Originally Added On: September 10th, 2011]
- Stronger Seniors 'Stretch' - Lower Back Stretching Exercises for Seniors www.strongerseniors.com [Last Updated On: September 12th, 2011] [Originally Added On: September 12th, 2011]
- Flat Abbs [Last Updated On: September 13th, 2011] [Originally Added On: September 13th, 2011]
- Full Body Workouts - A KILLER Fitness Workout Plan For Women [Last Updated On: September 14th, 2011] [Originally Added On: September 14th, 2011]
- Repetitive Strain Injury Exercise Program - Wrist [Last Updated On: September 18th, 2011] [Originally Added On: September 18th, 2011]
- Free weight loss exercise program - Lose 50 lbs. in 5 months [Last Updated On: September 19th, 2011] [Originally Added On: September 19th, 2011]
- Hip Replacement Exercise Program [Last Updated On: September 19th, 2011] [Originally Added On: September 19th, 2011]
- Basic Exercise Plans : How to Perform a Sit-Up [Last Updated On: September 21st, 2011] [Originally Added On: September 21st, 2011]
- 6 weeks post natal exercise program to do at home www.getfitforbirth.com [Last Updated On: September 23rd, 2011] [Originally Added On: September 23rd, 2011]
- GET A BIGGER SEXIER ROUNDER BOOTY ConikiXXX XPress Workout [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Paintball Home Fitness - P90X vs Insanity? [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- GAIN Fitness iPhone App (v1) [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Metabolic Resistance Training [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Bringing Sexy Back: Toneitup [Last Updated On: September 27th, 2011] [Originally Added On: September 27th, 2011]
- Medical Exercise Program - Medical Fitness Academy [Last Updated On: September 27th, 2011] [Originally Added On: September 27th, 2011]
- abs exercises women upper [Last Updated On: September 27th, 2011] [Originally Added On: September 27th, 2011]
- Chair Dancing® Fitness programs 2011 [Last Updated On: September 29th, 2011] [Originally Added On: September 29th, 2011]
- Sport and Fitness Program for children.wmv [Last Updated On: September 29th, 2011] [Originally Added On: September 29th, 2011]
- Hot Daisy Dukes Fashion Haul [Last Updated On: September 29th, 2011] [Originally Added On: September 29th, 2011]
- How to do Head Banger Pull ups [Last Updated On: September 29th, 2011] [Originally Added On: September 29th, 2011]
- LifeSpan TR 800 Folding Treadmill [Last Updated On: October 1st, 2011] [Originally Added On: October 1st, 2011]
- Basic Exercise Plans : How to Do Proper Push-Ups [Last Updated On: October 1st, 2011] [Originally Added On: October 1st, 2011]
- 49 yo Trains for Tough Mudder using P90X / TRX Moves [Last Updated On: October 1st, 2011] [Originally Added On: October 1st, 2011]
- Insanity Workout Review | Max Plyo Live Workout Clips [Last Updated On: October 3rd, 2011] [Originally Added On: October 3rd, 2011]
- Shoulder Press Exercise [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Fitness- rubber band [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Pull Up Technique Tips [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Best Tricep workouts Best triceps workout program bodybuilding workouts exercises routine [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Diabetes - Exercise Program - Reverse Insulin Resistance [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Update on Eye Exercise Program Progress [Last Updated On: October 4th, 2011] [Originally Added On: October 4th, 2011]
- Easy Exercise for Foot, Arch and Leg Pain from Fallen Arches, Flat Feet, Pronation [Last Updated On: October 5th, 2011] [Originally Added On: October 5th, 2011]