Minesto Concludes LTI 2021 and Launches New Incentive Program LTI 2025
Minesto, a leading renewable energy company specializing in tidal energy technology, recently announced significant developments regarding their long-term incentive programs. As of December 16, 2025, the company confirmed the completion of its LTI 2021 program, which was initially approved during the Annual General Meeting (AGM) on June 2, 2021. Under this program, a total of 686,611 shares were allocated, generating proceeds of approximately SEK 34,300 for the company.
This increase in share distribution results in the total number of shares rising from 259,425,011 to 260,111,612, alongside a rise in share capital from SEK 12,971,250.05 to SEK 13,005,580.60, indicating a dilution of about 0.26%. With the expiration of LTI 2021, further developments will be disclosed on the company's official website before the end of the fiscal year 2025/2026.
In tandem, Minesto has inaugurated the new incentive program, LTI 2025, as resolved at the AGM held on May 22, 2025. This newly established plan aims to provide performance-based incentives for higher-level executives and employees, with details soon to be accessible through the company's channels.
One of the notable highlights of this announcement is that key figures at Minesto have also expanded their personal stakes in the company. Corespring New Technology AB, which is among the largest shareholders, has increased its holdings by acquiring an additional 3.8 million shares as of December 4, 2025. Furthermore, individual purchases included the CEO Martin Edlund acquiring 65,000 shares, the Chief Technology Officer Bernt Erik Westre securing 50,000 shares, and Chief Financial Officer Alexander Jancke obtaining 10,000 shares, all transactions completed on November 28, 2025. These acquisitions signal strong confidence in Minesto’s future potential, reflecting a commitment from leadership to contribute significantly towards the company's growth.
Investors following Minesto are encouraged to stay updated through the company's official communications and website, which will provide detailed reports and forthcoming updates regarding their performance plans and shareholder movements. The efforts by both the executives and shareholders represent a concerted push towards bolstering Perceived Corporate Value and instilling confidence in other investors.
This collective action indicates a robust strategic direction for Minesto as they advance on their path to drive renewable energy solutions and achieve their ambitious corporate goals. As the company transitions into LTI 2025, the focus will be on driving performance, leveraging talent, and ultimately enhancing shareholder value in the fast-evolving energy landscape.