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Heliospectra’s Incentive Program Transfer Stock Warrants to Senior Executives and Key Personnel

Heliospectra AB (publ) ("the Company") has through the wholly owned subsidary Heliospectra Personal AB ("the Subsidiary") today executed the transfer of 905,000 stock warrants of series P02 from the Company to a total of 25 senior executives and / or key personnel within the group. The stock warrants were originally issued to the Subsidiary at the Company’s Extra Ordinary General Meeting held on March 12, 2019. 

In accordance with the terms of the stock warrants, the Company has established the market value of the warrants per transfer day in accordance with the Black & Scholes option valuation model and the principles of the issue decision. The market value has been set at SEK 0.34 per option. The subscription price for the warrants has been set at SEK 6.13 per share and has been calculated in accordance with the principles of the issue resolution.

The subsidiary still holds the remaining 95,000 stock warrants of series P02 which in future may be offered to senior executives and key personnel.