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Nolato Group management increases shareholding in the company
The members of Nolato's Group management have together acquired 114,000 shares in the company via Series 2 Incentive Programme warrants that were approved at the 2016 AGM. At the same time, they have together divested 103,000 shares in the company to finance the aforementioned acquisition and manage tax effects.
Following the above-mentioned transactions, the members of Group management (incl. families and companies) have a total holding of approximately 61,000 shares in the company and 114,000 warrants corresponding to the same number of shares upon full utilisation. The holding prior to the transactions was approximately 50,000 shares and 228,000 warrants.
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For further information, please contact:
Christer Wahlquist, President and CEO, +46 (0)705 804848 or
Per-Ola Holmström, CFO, +46 (0)705 763340
Nolato is a Swedish group with operations in Europe, Asia and North America. We develop and manufacture products in polymer materials such as plastic, silicone and TPE for leading customers within medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato's shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the Industrials sector.
www.nolato.com
This information was distributed by Cision http://www.cisionwire.se/