The Pet Healthcare Company Swedencare AB (publ) ("Swedencare" or "Company") with its shares registered on NASDAQ First North, informs today that a foreign institution, DNCA, which until now has not been a shareholder of the Company, has acquired 7,2 % of the shares in Swedencare.
The sellers of the shares are Håkan Svanberg & Co Health Care AB, Mastan AB and JCC Group Invest Sweden AB ("The selling parties") who have transferred 1 130 000 shares, representing 7,2 % of the total issued shares. Of these 1 130 000 shares, Håkan Svanberg & Co Health Care AB transferred 330 000 shares, Mastan AB 400 000 shares and JCC Group Invest Sweden AB 400 000 shares.
The selling parties' ownership in Swedencare is, after the transaction, a total of 7 858 695 shares, representing 49,8 % of the total number of issued shares in the Company. The ownership of the selling parties after the transaction is divided as follows: Håkan Svanberg & Co Health Care AB
(4 690 982 shares), Mastan AB (1 590 362 shares) and JCC Group Invest Sweden AB (1 577 351 shares). Håkan Svanberg & Co Health Care AB remains as the largest shareholder of the Company with 29,7 % of the total number of issued shares of Swedencare.
" Over the last few years the interest to invest in Swedencare from international institutions has increased significantly. Swedencare will with DNCA and Mr. Varma, receive a new and engaged large shareholder eager to be part of our growth journey. My partners and I have been very selective when it comes to divesting parts of our shareholding and we have now an even stronger ownership set-up who are prepared to consider investing even more capital if and when interesting acquisition opportunities presents itself"
- Håkan Lagerberg, CEO, Swedencare and owner of Mastan AB
" The chance to invest in a relatively undiscovered quality gem of a company with solid growth prospects in all geographies comes along very rarely in this day and age. It was as such - a simple decision for us to make this investment"
- Rajesh Varma, Fund Manager, DNCA Invest Beyond Global Leaders
This information was distributed by Cision http://www.cisionwire.se/