AltoCumulus Asset Management increases its holding in Acast

The Swedish asset manager AltoCumulus Asset Management invests further in Acast and increases the holding to 12,332,665 shares, corresponding to an ownership stake of approximately 6.8 percent.

AltoCumulus is the Asset Management and Family Office part of the Axel Johnson Group founded in Sweden 1873. AltoCumulus takes a long-term perspective and fully integrate sustainability research within a rigorous framework of traditional financial analysis.

"Being relatively new on Nasdaq, our work to clarify and inform the capital market about Acast's strategic journey has a high priority and we are proud of a strong ownership structure with several reputable investors. Our work to create a world-leading player in the commercialization of podcasting continues and we are of course delighted to have AltoCumulus with us on this continued journey”, says Emily Villatte, CFO Acast.

Datum 2022-12-27, kl 09:00
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