Scandic’s President & CEO Jens Mathiesen exercises share options issued by Stena Sessan and Formica Capital

To partially finance the exercise price as well as taxes, Jens Mathiesen has divested 95,000 of the Scandic shares he previously owned. Following the transactions, his shareholding in Scandic has increased by 60,000 shares to a total of 394,665 shares.

Scandic did not participate in issuing the options. Since the options were issued by shareholders, there is no dilution effect. For more information about the options, please refer to the press release published in connection with the acquisition of the options via the following link.

The transactions will be reported to the Swedish Financial Supervisory Authority (Finansinspektionen) in accordance with applicable regulations.

For more information, please contact:

Rasmus Blomqvist, Director Investor Relations, Scandic Hotels Group
Email: [email protected]
Phone: +46 702 335 367