Denmark: A.P. Møller-Mærsk launches share option programmes

30.03.2017

Denmark: A.P. Møller-Mærsk launches share option programmes
Børsen (PDF) p.6, 30 Mar 2017, online:-
Danish business conglomerate A.P. Møller-Mærsk has announced that it has launched share option programmes for the group management and a group of executives. A total of 25,500 options are expected to be issued to a total of 80 employees starting on 1 April 2017, where one option equals the right to one B share. Options granted to executives will have a vesting period of two years and an exercise period of five years, whereas management will receive vesting and exercise periods of three years, respectively.
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