Large Klövern Share Divestment

Sweden — Arvid Svensson Invest, who prior to this deal was the largest shareholder in Klövern, divests B shares for approximately MSEK 900 (€ 94M). The major shareholder and CEO Rutger Arnhult purchases some of them.

2016-09-16

Arvid Svensson Invest sold 80 million B shares. Prior to the deal Arvid Svensson owned scarcely 133 million B shares. In addition to this Arvid Svensson owns 13.3 million A shares and 685,000 preference shares.

Arvid Svensson Invest has entered a lock-up agreement meaning that they will not divest more ordinary shares in Klövern in the next 90 days.

Rutger Arnhult purchases shares for MSEK 150 (€ 15.7M), which corresponds to approximately 13.6 million shares.

Prior to this Arnhult owns 86 million B shares, 12.5 million A shares and 685,000 preference shares.

Axel Ohlsson

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