Nolato : management increases shareholding in the company
September 08, 2020 at 11:25 am EDT
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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
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Nolato AB published this content on 08 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2020 15:24:05 UTC
Nolato AB is a Sweden-based company engaged in the development and manufacture of polymer product systems for customers in medical technology, pharmaceuticals, consumer electronics, telecom, automotive products, hygiene and other industrial sectors. The Companyâs operations are divided into three operating segments. The Medical Solutions segment develops and manufactures complex product systems and components for medical devices, the pharmaceutical industry and diagnostics. The Integrated Solutions segments offers a wide range of technologies and expertise in a one-stop shop for areas including injection molding, casting, die-cutting, painting, decoration, assembly, testing and packaging of electronic products. The Industrial Solutionssegment develops and manufactures components and product systems for customers in the automotive industry, hygiene, packaging, gardening/ forestry, domestic appliances, furniture and other selected industrial segments. The Company operates worldwide.