AFRY press release generic image

ÅF - Information about performance-related share programme for
employees in senior positions

Tue, 09/22/2009 - 12:34
For further information, please contact:
Jonas Ågrup, CFO                                  +46 (0)70-333 04 95
Viktor Svensson, Director, Corporate              +46 (0)70-657 20 26

At their Annual General Meeting held on 5 May 2009 the shareholders
in ÅF AB resolved to implement a performance-related share savings
programme for up to 160 key individuals within the company, including
the President/CEO. The purpose of this long-term incentive programme
is to motivate ÅF employees to remain loyal to the company and to
continue to perform strongly in their professional roles.

Employees who participate in the performance-related share programme
for 2009 can reserve a sum corresponding to a maximum of 5 percent of
their gross salary for the purchase of ÅF class B shares on the OMX
Nordic Exchange in Stockholm over a 12-month period with effect from
the implementation of the programme.

By the time the application period had expired 110 ÅF employees in
senior positions had expressed an interest in purchasing
approximately 23,400 shares for the entire 2009 programme.

In the event that the performance targets that have been set up are
achieved, some 99,000 shares will be transferred to the employees
without consideration during 2012 and 2013. This can lead to a 0.6%
dilution of earnings per share.

Information about the proposal in its entirety is available on the ÅF
AB homepage -

Corporate Information

ÅF is a leader in technical consulting, with expertise founded on
more than a century of experience.
We offer highly qualified services and solutions for industrial
processes, infrastructure projects and the development of products
and IT systems. We are also a leading name in testing and inspection.
Today ÅF has more than 4,500 employees.
Our base is in Europe, but our business and our clients are found all
over the world.

Related files