The incentive programme for senior executives and key employees implemented at the Annual General Meeting held on 26 April 2017 has resulted in an increase in the number of shares and votes in the company during May 2020 by 21,200 shares and votes, through the exercise of warrants entitling to subscription for new shares in the company.

As of 29 May 2020, there are in total 120,876,200 shares and votes in the company.

Stockholm, 29 May 2020

INDUTRADE AB (publ)

For further information, please contact:
Frida Adrian, Vice President Communications, Sustainability and Investor Relations
Phone +46 70 930 93 24, frida.adrian@indutrade.com

Indutrade AB (publ) discloses the information provided herein pursuant to Chapter 4, Section 9 of the Swedish Financial Instruments Trading Act. The information was submitted for publication on 29 May, 2020 at 10 a.m. CEST.

About Indutrade

Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade's business is distinguished by

- High-tech products for recurring needs
- Growth through a structured and tried-and tested acquisition strategy
- A decentralised organisation characterised by an entrepreneurial spirit

The Group is organised into eight Business Areas: Benelux, DACH, Finland, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and UK. Indutrade's sales totalled SEK 18,411 million in 2019, generating an operating profit of SEK 2,330 million before amortisation of intangible assets. Indutrade is listed on Nasdaq Stockholm. Please read more at www.indutrade.com (http://www.indutrade.se/)

https://news.cision.com/indutrade-ab/r/change-in-number-of-shares-and-votes-in-indutrade-ab--publ-,c3121692

https://mb.cision.com/Main/2210/3121692/1255743.pdf

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