Corporate Governance

Auditor 
Baker Tilly Danmark
Poul Bundgaards Vej 1, 1.

2500 Valby 


Incentive program 
Until 1 July 2020, the Board has the right to issue a total of 595,080 warrants. The allocation of the warrant program is approximately 40 percent of warrants for employees and approximately 60 percent for Company management. Each warrant will provide the holder with the right to subscribe for one new share in the Company at a subscription rate of DKK 6.25. The warrants program is dedicated for allocation to Company management and employees. Under this program and within the authorisation of the 595,080 warrants given by the General Meeting in 2018 the Board of Directors has for 2019 decided to issue 130,110 warrants to employees (2018 issued warrants: 314,740). If fully issued and vested by July 2020 the program will lead to a cash impact of DKK 3,719,250.

Risk Intelligence has on an Extraordinary General Meeting in June 2019 decided to issue 717,949 new warrants to shareholder subscribers participating in the capital increase announced in May 2019. Each Warrant gives the owner the right to buy one share at a fixed price of DKK 4.68 (120% of the subscription price of DKK 3.90). The exercise of the warrants shall take place in the period of 1 May 2020 – 30 June 2020 where after the warrant will lapse and have no effect. If fully vested by July 2020 the program will lead to a cash impact of DKK 3,369,361.

Risk Intelligence has issued warrants to Gemstone Capital ApS (“Gemstone”). The warrants give Gemstone the right to 76,691 shares (equivalent to 1 percent of the total number of shares in the Company after listing). Each warrant will provide the holder with the right to subscribe for one new share in the Company at a subscription rate of DKK 6.25. If fully vested the program will lead to a cash impact of DKK 479,319.

Extraordinary General Meeting 18 June 2019