Information regarding FormPipe Software’s incentive program

On March 27, 2012, the AGM approved the proposed incentive program 2012/2015 through the issue of warrants with preferential rights. One warrant entitles the holder the right to subscribe for one new share in FormPipe Software. A total of 200 000 warrants were issued under the program, whereof 87 % were subscribed for by the management.

The volume weighted price for the share during the period May 7 to May 11 was SEK 14,50. The exercise price for the warrants were thereby set to SEK 17,40. The closing price on the last day of the application period was SEK 11,65.

At full subscription of new shares under the warrant program the share capital of the company will be increased by SEK 20 000, corresponding to a dilution of 1,6 % of outstanding share capital and votes.

 

This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.

For additional information, contact:
Christian Sundin, CEO of FormPipe Software AB, +46 705 67 73 85

 

The information in this press release is of the kind that FormPipe Software AB (publ) is required to disclose in accordance with the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication on Friday, 25 May 2012.

ABOUT FORMPIPE SOFTWARE
FormPipe Software develops ECM products for structuring information and supplies them to major companies, authorities and organisations. ECM products help organisations to capture, manage and distribute information, and to place it in context. The company’s software helps improve efficiency, cut costs and reduce risk exposure.

FormPipe Software was founded in 2004 and has offices in Stockholm, Uppsala and Linköping in Sweden, and in Copenhagen, Denmark. The FormPipe Software share is listed on NASDAQ OMX Nordic, Small Cap.