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2016-08-26

Inwido: Resolutions at Inwido's Extraordinary General Meeting

Inwido AB has today, Friday 26 August 2016, held an Extraordinary
General Meeting ("EGM") with regards to the Board of Directors'
proposal on a supplement to the existing incentive program.

In accordance with the proposal from the Board, the EGM resolved to
adopt a supplementary long-term incentive program consisting of two
parts: an issue of convertible bonds and an issue of subscription
warrants. The incentive program is directed towards certain persons
among group management and so called Senior Leaders, who wished but
because of inside information could not participate in the incentive
program resolved by the annual general meeting on 10 May 2016. The
supplementary incentive program partly replaces the incentive program
resolved by the annual general meeting and entails no further
dilution than the initial incentive program.

The convertible loan shall amount to a maximum nominal value of SEK
12,000,000. The convertible bonds carry interest, are issued to their
nominal amount which corresponds to the market value, and shall be
convertible into new shares from and including 1 September 2019 up to
and including 15 September 2019. The conversion price is SEK 139.2.

The issue of subscription warrants entails a maximum of 144,000
subscription warrants to be issued to Inwido's wholly owned
subsidiary Inwido Europe AB, for further transfer to the participants
in the program. Transfer shall be at market value at the time of
transfer. Subscription of shares by exercise of the subscription
warrants shall take place during the period from and including 1
September 2019 up to and including 15 September 2019. The
subscription price per share shall correspond to the conversion price
for the convertibles of SEK 139.2.

Further information about the incentive program is available at
Inwido's website www.inwido.com.

For more information, please contact:
Inwido AB
Håkan Jeppsson, President and CEO Tel.: 46 (0)10-451 45 51 or 46
(0)70-550 15 17

Peter Welin, CFO Tel.: 46 (0)10-451 45 52 or 46 (0)703 24 31 90
E-mail: peter.welin@inwido.com
About Inwido
Inwido is Europe's largest supplier of windows and doors. The company
has operations in Denmark, Finland, Norway, Sweden, Austria,
Estionia, Ireland, Lithuania, Poland and the UK, as well as exports
to a large number of other countries. The Group markets some 20
strong local brands including Elitfönster, SnickarPer, Hajom,
Hemmafönster, Outline, Tiivi, Pihla, Diplomat and Sokolka. Inwido has
approximately 3,400 employees and generated sales of slightly more
than SEK 5.2 billion in 2015. The Group's headquarters are located in
Malmö, Sweden. For further information, please visit www.inwido.com

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http://news.cision.com/inwido/r/resolutions-at-inwido-s-extraordinary-ge...
http://mb.cision.com/Main/883/2066219/554133.pdf

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