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Lagercrantz has resolved to evaluate a potential sale of up to 1.5 million repurchased B-shares

2022-11-21 09:00
Regulatory
The board of directors of Lagercrantz Group AB (publ) (”Lagercrantz”) has, in accordance with the authorization from the annual general meeting held 30 August 2022, resolved to evaluate a potential sale of up to 1.5 million repurchased B-shares held by the company at market value, corresponding to up to approximately 0.7 percent of the total number of outstanding shares and up to approximately 0.5 percent of the number of votes in Lagercrantz.

Danske Bank A/S, Denmark, Sweden Branch (”Danske Bank”) has been instructed to explore the possibility to sell the B-shares and the share price and final number of shares being sold will be determined through a sale process carried out by Danske Bank. The sale process may be terminated with short notice.

The sale of repurchased B-shares may, in accordance with the authorization from the annual general meeting held 2022, be carried out with deviation from existing shareholder’s preferential rights to, in a time and cost-efficient manner, adjust the group’s capital structure and thereby enabling additional acquisitions of businesses.