Nolato Group management increases shareholding in the company
The members of Nolato’s Group management have together acquired 76,000 shares in the company via Series 1 Incentive Programme warrants that were approved at the 2016 AGM. At the same time, they have together divested 66,000 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 48,000 shares in the company and 266,000 warrants corresponding to the same number of shares upon full utilisation. The holding prior to the transactions was approximately 38,000 shares and 342,000 warrants.
For further information, please contact:
Christer Wahlquist, President and CEO, +46 (0)705 804848
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.