Issue and repurchase of hurdle shares
Studsvik AB (publ) announces that the company has resolved to issue and immediately thereafter repurchase up to 256,000 shares of Class E, comprising of 42,666 Class E1 2026 shares, 42,666 Class E2 2026 shares, 42,667 Class E3 2026 shares, 42,667 Class E4 2026 shares, 42,667 Class E5 2026 shares and 42,667 Class E6 2026 shares (the "Hurdle Shares"). The shares are issued and repurchased in accordance with the long-term incentive programmes LTIP 2026/2029 and Board LTIP 2026/2029, which were adopted by the Annual General Meeting on 23 April 2026. The size of the share issue has been determined with account taken to Studsvik's total need for Hurdle Shares for delivery to participants in LTIP 2026/2029 and Board LTIP 2026/2029.
Danske Bank subscribes for the entire issue of new Hurdle Shares at a subscription price corresponding to the quota value of the shares, equivalent to SEK one (1) per share. The entire issue of Hurdle Shares will thereafter be repurchased by Studsvik for the same price per share.
Studsvik will after the repurchase hold up to 256,000 shares of Class E in the company until these are transferred to the participants.
The purpose of the share issue is to enable the participants in LTIP 2026/2029 and Board LTIP 2026/2029 to acquire Hurdle Shares. The Hurdle Shares may be reclassified into ordinary shares if certain share price conditions are met at the end of the programme. Hurdle Shares not reclassified will be redeemed by the company. The Hurdle Shares do not entitle to dividends.
STUDSVIK AB (publ)
The Board
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For further information, please contact:
Jan Bardell, Chairman of the board, Studsvik AB (publ), jan.bardell@studsvik.com
Peter Teske, Chief Financial Officer, tel +46 (0)155 22 10 00
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About Studsvik
Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik's business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years' experience of nuclear technology and radiological services. Studsvik has approx. 510 employees in 6 countries and the company's shares are listed on Nasdaq Stockholm.