Easor Plc’s Board of Directors has resolved upon a new option scheme
Easor Plc, Stock exchange release 19 March 2026 at 16:15 EET
Easor Plc’s Board of Directors has resolved upon a new option scheme
The Board of Directors has decided to distribute a maximum of 2,200,000 option rights free of charge to Easor Group’s 132 members of the personnel, including the CEO and other members of the management team, in line with the terms and conditions of Easor Plc’s 2026 Option Scheme. The terms and conditions are attached to this release. The decision is based on the authorisation included in the demerger plan dated 24 October 2025.
The option rights will be granted to the Group’s personnel free of charge and in derogation from the pre-emptive subscription right. There is a weighty financial reason from the company's point of view to issue the options because the options are intended to form part of the incentive and commitment plan for the Group’s personnel. Option rights encourage personnel to long-term work in order to increase shareholder value. The goal of the option rights is also to commit personnel to the employer.
The option rights entitle their holders to subscribe for a maximum of 2,200,000 new shares or shares held by the company. The shares subscribed for based on the option rights now issued will account for a maximum of 4.6 per cent of the total number of shares and votes in the company after any share subscription, if new shares are issued in the subscription.
The subscription period for the shares subscribed for with the option rights is between 1 March 2029 and 28 February 2030. The subscription price is determined based on the company’s trade-weighted average price of the day the options are issued. The subscription price is recorded in the company's reserve for invested unrestricted equity.
The theoretical market value of one option right is approximately EUR 0.16. The theoretical market value of the option rights is approximately 350,000 euros in total. The theoretical market value of an option right has been calculated by using the Black & Scholes option pricing model with the following input factors: share price EUR 0.61 euros, share subscription price EUR 0.61, risk free interest rate 2.05%, validity of option rights one year and volatility 35%. The annual expense recognized by the company for the option scheme is approximately EUR 120 thousand.
The complete terms and conditions of the 2026 Option Scheme are attached to this release.
EASOR PLC
Further information:
Otto-Pekka Huhtala
CEO, Easor Plc
+358 40 703 8554
Easor in brief
Easor is a financial management platform company that connects entrepreneurs and accounting firms on a single platform. With Easor, entrepreneurs get easy-to-use tools for the financial management routines of their business operations. For accounting firms, Easor provides tools for efficient business operations and growth opportunities.
Easor serves over 15,000 SME customers and over 274 accounting firm partners. Easor's software has over 60,000 end-users, and more than 10 million invoices are sent through the software annually. Easor operates in Finland, Sweden, Spain and Italy. The company’s headquarter is in Oulu. Read more: https://investors.easor.fi/en/.