In February 2020, Inission acquired HY-Tech Comp Oy. The price for 100% of the HY-Tech shares was EUR 3.3 million, of which EUR 1.62 million was paid in cash and the remaining 147,000 with Inission B shares after a new issue.
50% of these shares had a lock-up period of 6 months which expired in August and the remaining 50% a lock-up period of 12 months. On December 22, 2020, Inission agreed to release the lock-up requirement in the agreement with Helmet Capital as the buyers are judged to be long-term and there are only two months left of the lock-up period.
In total, Helmet Capital has sold 147,000 B shares, an item of 73,500 on December 21 and the remaining 73,500 were sold on December 22, 2020. The buyers of the shares are FE Fonder, which will be the new owner, and the existing owners Creades (via endowment insurance) and Handelsbanken fonder. The transactions were mediated by Handelsbanken Markets.
For more information please contact:
Fredrik Berghel, Chairman of the Board Inission AB
0732-02 22 10
This information is such information that Inission AB is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the care of the above contact person, for publication on December 23, 2020 at 08:30 CET.
Inission is a profitable total supplier that offers demanding industrial customers in the Nordic region complete electronic and mechanical products of the highest quality. Our services cover the entire product life cycle, from development and design to industrialization, volume production and aftermarket. By combining this with logistics services and a production based on high flexibility, customer adaptation and short lead times, our offer becomes very competitive. Inission has production units in Stockholm, Västerås, Borås, Munkfors, Malmö, Trondheim (Norway), Lohja (Finland), Lagedi and Tallinn (Estonia). Inission is listed on OMX Nasdaq First North with Stockholm Certified Advisers AB (email@example.com, +46 707 94 90 73) as a certified adviser. The company’s reports are archived under: www.inission.com/investor-relations
Inission AB: org.nr 556747-1890, Lantvärnsgatan 4, 652 21 Karlstad