Synsam Group Management Sells 42,240 Shares to Cover LTIP 2023 Tax Costs
Share transactions by members of Group Management to cover tax costs related to the LTIP 2023 Incentive Program
Members of Synsam’s Group Management sold 42,240 shares to cover tax liabilities arising from the recently ended LTIP 2023 share-based incentive program. A total of 196,114 shares were allotted to these members under the program. Following the divestments, the concerned executives retain a larger holding in Synsam than they held prior to the allotment. These transactions have been reported to the Swedish Financial Supervisory Authority (Finansinspektionen) as required by regulations, and current shareholdings are available at synsamgroup.com. The sales were specifically executed to manage tax costs associated with the share allocation, not for general liquidity or strategic exit purposes.
Source:Synsam Group · synsamgroup.com