Lagercrantz has sold own B-shares
The shares have been sold to Swedish and international institutional investors, including Cliens Kapitalförvaltning AB and Didner & Gerge Fonder AB, at a price of SEK 105 per share. The sale price has been determined through a sale process carried out by Danske Bank A/S, Denmark, Sweden Branch.
The motive for the annual general meeting’s authorization that the sale of own B-shares can be carried out with deviation from existing shareholder’s preferential rights is to, on a time and cost-effective way, adjust the capital structure which enables additional acquisitions of companies or businesses, which is the intended use of the net proceeds.
The total number of shares in Lagercrantz amount to 208,559,781, of which 9,791,406 are A-shares and 198,768,375 are B-shares. Lagercrantz holds 3,315,604 own B-shares after the completion of the sale.
