Addnode Group Follow

Addnode Group has been informed by Vidinova AB ("Vidinova") and Aretro Capital Group AB ("Aretro Capital") that Vidinova has divested 5,575,000 Class B shares and Aretro Capital has divested 1,500,000 Class B shares in Addnode Group AB ("Addnode Group"). Together, this corresponds to 23.3 percent of the capital and 17.7 percent of the votes in Addnode Group.

Buyers are a number of institutions including Odin Funds through Odin Sverigefond and Nordea Fonder through Nordea Småbolagsfond Sverige and Nordea Småbolagsfond Norden.

The sale will increase the liquidity of the Addnode Group share and the available number of shares in the market (free float).

Aretro Capital, jointly owned by Staffan Hanstorp, Addnode Group's Chairman and Jonas Gejer, Business Area Manager for Product Lifecycle Management, will continue to assume responsibility as the main owner of Addnode Group, and support the long-term strategic focus set by Addnode Group's board and management.

The sale was conducted through a so-called accelerated book-building process at a price equivalent to SEK 76 per share.

Following the sale, Aretro Capital owns 625 332 Class A shares and 1,654,624 Class B shares, corresponding to 7.5 percent of the capital and 19.8 percent of the votes in Addnode Group. Vidinova owns 331,667 A-shares and 1,484,783 B-shares, corresponding to 6.1 percent of the capital and 12.8 percent of the votes in Addnode Group.

Show as PDF

Show original from Cision

This information was distributed by Cision http://www.cisionwire.se/