Hexatronic’s CEO, deputy CEO, and two senior executives sell shares - Remain long-term shareholders
November 29 2022 - 6:00AM
Hexatronic’s CEO, deputy CEO, and two senior executives sell shares
- Remain long-term shareholders
Press release November 29, 2022Gothenburg, Sweden
Hexatronic’s CEO, deputy CEO, and two
senior executives sell shares - Remain long-term
shareholders
Hexatronic Group AB ("Hexatronic") announced today that Henrik
Larsson Lyon, CEO, has sold 385,000 shares, Martin Åberg, deputy
CEO, has sold 185,000 shares, Håkan Bäckström, CEO of the
subsidiary Hexatronic Cables & Interconnect Systems AB, has
sold 250,000 shares and Magnus Angermund, Head of Northern Europe,
has sold 36,750 shares in Hexatronic.
The sales are made, among other things, to cover tax obligations
from the just-ended long-term incentive plan (LTIP 2019).
Henrik Larsson Lyon, Håkan Bäckström, and Magnus Angermund have
no plans to sell additional shares and intend to remain as
long-term owners of Hexatronic. Martin Åberg may sell up to 60,000
additional shares, after which there are no plans to sell more.
Henrik Larsson Lyon owns 4,057,180 shares privately and Martin
Åberg at least 48,867 shares privately, and 8,929,360 shares
through part ownership in Chirp AB after the sales and completed
long-term incentive plan - LTIP 2019. The sales thus correspond to
less than 10% of the holdings for the respective person, and both
remain therefore with large ownerships.
The transactions will be reported to the Financial Supervisory
Authority per current regulations.
Gothenburg, November 29, 2022
Henrik Larsson LyonCEO Hexatronic Group
For more information, please
contact:Henrik Larsson Lyon, CEO
Hexatronic Group, +46 706 50 34 00Pernilla Lindén, CFO
Hexatronic Group, +46 708 77 58 32
The information was submitted for publication, through the
agency of the contact person set out above, at 12:00 CET on 29
November 2022. This is a translation of the Swedish version of the
press release. When in doubt, the Swedish wording prevails.
Hexatronic creates sustainable networks all over the world. We
partner with customers on four continents – from telecom operators
to network owners – and offer leading, high-quality fiber
technology for every conceivable application. Hexatronic Group
(publ.) was founded in Sweden in 1993 and the Group is listed on
Nasdaq OMX Stockholm. Our global brands include Viper, Stingray,
Raptor, InOne, and Wistom®.
- 2022-11-29 Hexatronic's CEO, deputy CEO, and two senior
executives sell shares - Remain long-term shareholders
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