21.12.2020 13:21:20 CET | Per Aarsleff Holding A/S |
Selskabsmeddelelse
Bestyrelsen har i overensstemmelse med selskabets vederlagspolitik og i forlængelse af selskabets aktieprogram som vedtaget i februar 2018 besluttet at opdatere og videreføre aktieprogrammet for selskabets og visse af selskabets datterselskabers direktion og medarbejderstab. Det gælder såvel funktionærer som timelønnede medarbejdere.
Aktieprogrammet indføres med henblik på at tiltrække, fastholde og motivere direktion og medarbejdere.
Aktieprogrammet er et matching shares-program, hvor deltagerne ved at erhverve B-aktier i selskabet (investeringsaktier) for egen regning, der er underlagt en treårig vestingperiode, opnår ret til vederlagsfri tildeling af én B-aktie i selskabet (matching share) pr. erhvervet investeringsaktie (1:1).
Deltagerne kan opnå ret til matching shares for kalenderåret 2021, hvorefter aktierne vester og leveres i 2024.
Investeringsaktier kan erhverves i kalenderåret 2021 i et af bestyrelsen nærmere fastsat handelsvindue. Deltagernes erhvervelse og deponering af investeringsaktier foretages via Computershare, og prisen for investeringsaktier er et vægtet gennemsnit af den kurs på B-aktier i selskabet, som Computershare gennemfører købet af investeringsaktier til. For at kunne deltage i aktieprogrammet skal direktion og udvalgte ledende medarbejdere erhverve investeringsaktier i et handelsvindue for et beløb svarende til 5 % til10 % af den pågældende medarbejders årlige basisløn. For øvrige medarbejdere kan der i et handelsvindue erhverves investeringsaktier for et beløb på DKK 15.000, dog maksimalt et beløb svarende til 10 % af den pågældendes årlige basisløn. Det er en betingelse for deltagelse, at den enkelte deltager har tiltrådt sin ansættelse senest den 1. januar 2021.
Ved udløbet af handelsvinduet tildeles deltagerne automatisk en ret til vederlagsfri tildeling af én matching share pr. investeringsaktie. Retten til vederlagsfri tildeling af matching shares er underlagt en treårig vestingperiode. På vestingtidspunktet leveres det relevante antal matching shares automatisk til deltageren. Selskabets bestyrelse kan dog til enhver tid vælge at kontantafregne i stedet for at levere matching shares (B-aktier).
Foruden ønsket om at tiltrække, fastholde og motivere direktion og medarbejdere er det en målsætning med videreførelsen af aktieprogrammet at øge andelen af aktionærer blandt direktion og medarbejdere med henblik på at understøtte en langsigtet værdiskabelse for selskabet.
Betingelserne for at modtage matching shares er således følgende:
Erhvervelse af investeringsaktier i det angivne handelsvindue og inden for de angivne beløbsgrænser
Treårig vestingperiode
Deltageren er ansat i virksomheden på vestingtidspunktet (eller fratrådt som “good leaver”).
Aktieprogrammets totale antal aktier svarer til det samlede antal B-aktier i selskabet, som deltagerne erhverver for egen regning (investeringsaktier) med henblik på at opnå ret til vederlagsfri tildeling af et tilsvarende antal B-aktier i selskabet (matching shares) (1:1). Da aktieprogrammets totale antal aktier afhænger af antal deltagere og størrelsen af de enkelte deltageres køb af investeringsaktier, er det ikke muligt på nuværende tidspunkt at opgøre aktieprogrammets totale antal aktier og dermed opgøre markedsværdien af aktieprogrammet.
Videreførelsen af aktieprogrammet ændrer ikke Aarsleffs forventninger til resultatet for regnskabsåret 2020/21.
Kontakter
Jesper Kristian Jacobsen, Administrerende direktør / CEO, +45 8744 2222
Om Per Aarsleff Holding A/S
Aarsleff-koncernen opererer på internationalt niveau inden for anlæg og byggeri med udgangspunkt i en førende position i Danmark. Koncernen består af en portefølje af selvstændige konkurrencedygtige selskaber med hver deres særlige kompetencer.
Vedhæftninger
Matching Shares program 2021 DK.pdf
21.12.2020 13:21:20 CET | Per Aarsleff Holding A/S |
Company Announcement
In accordance with the company’s remuneration policy and in continuation of the company’s share programme as adopted in February 2018, the board of directors has decided to update and continue the share programme for the executive management and employees of the company and some of the company’s subsidiaries. This applies to salaried employees as well as to hourly paid employees.
The share programme is introduced with a view to attracting, retaining and motivating the executive management and the employees.
The share programme is a matching share programme under which the participants by purchasing B shares in the company at their own cost (investment shares), subject to a three-year vesting period, will be entitled to receive one B share (matching share) in the company, free of charge, per acquired investment share (1:1).
The participants can obtain the right to matching shares for the calendar year 2021 after which the shares are vesting and awarded in 2024.
The investment shares can be purchased in the calendar year 2021 in a trading window further specified by the board of directors. The participants’ purchase and deposit of investment shares are made via Computershare, and the price of the investment shares is a weighted average of the company’s B share price at which Computershare carries out the transaction of investment shares. In order to participate in the share programme, the executive management and selected executive employees must purchase investment shares in a trading window at an amount corresponding to 5% to 10% of the annual basic salary of the said employee. Other employees may purchase investment shares in a trading window at an amount corresponding to DKK 15,000, however the amount must not exceed 10% of the annual basic salary of the employee in question. In order to participate in the share programme, the individual employee must have begun his/her employment no later than 1 January 2021.
At the expiry of the trading window, the participants are automatically entitled to receive one matching share per investment share free of charge. The right to receive matching shares free of charge is subject to a three-year vesting period. At the time of vesting, the participant will automatically receive the relevant number of matching shares. However, the board of directors of the company may at any time decide to carry out a cash settlement instead of awarding matching shares (B shares).
Besides the wish to attract, retain and motivate the executive management and employees, the purpose of the continuation of the share programme is to increase the number of shareholders among executive management and employees to support a long-term value creation for the company.
The conditions for receiving the matching shares are:
Acquisition of investment shares in the stated trading window and within the stated maximum amounts
Three-year vesting period
The participant is an employee of the company at the time of vesting (or has left the company as a “good leaver”).
The total number of shares of the share programme corresponds to the total number of B shares in the company purchased by the participants at their own cost (investment shares) with a view to being awarded a corresponding number of B shares in the company free of charge (matching shares) (1:1). As the total number of shares of the share programme depends on the number of participants and the amount of investment shares purchased by each participant, it is not possible to calculate the total number of shares of the share programme at present and thus the market value of the share programme.
The continuation of the share programme does not affect Aarsleff’s earnings expectations for the financial year 2020/21.
Contacts
Jesper Kristian Jacobsen, Administrerende direktør / CEO, +45 8744 2222
About Per Aarsleff Holding A/S
The Aarsleff Group is a building construction and civil engineering group with an international scope and a market leading position in Denmark. The Group comprises a portfolio of independent, competitive companies each with their own specialist expertise.
Attachments
Matching Shares program 2021 UK.pdf
