Byhmgard

The acquisition was completed at a price of SEK 0.186 per share.

The acquisition is part of an structural change in which Edsgard Capital AB, currently a passive shareholder in Byhmgard, has divested shares to active shareholders in the company. For Christian Byhmer, the transaction represents an increased ownership stake and a further long-term commitment to Byhmgard.

– I view positively that a larger share of the ownership is now being consolidated among those of us who are actively involved in the company’s development. I have been part of building Byhmgard from the ground up, and through this acquisition I am further strenghtening my ownership. To me, this is a clear expression of my long-term confidence in the company and in the journey ahead of us, says Christian Byhmer, CEO and founder of Byhmgard AB.

The transaction comprises a total of 20,878,594 shares at a price of SEK 0.186 per share.

The shares are existing shares and the transaction therefore does not involve any new issue of shares or dilution for Byhmgard’s other shareholders.

Christian Byhmer will continue in his role as CEO and, together with the other active shareholders and the organisation, will focus on the company’s continued development and on creating long-term value for Byhmgard’s shareholders.