Paxman

PAXMAN announces today that the company’s founder and board member Glenn Paxman, CIMON Venture Trust AB (represented by the chairman Per-Anders Johansson) and the board members Björn Littorin and Robert Kelly have sold shares in the company. All selling parties have entered a lock-up agreement for 180 days.
In total, the transaction amounts to 2 000,000 shares.

Among the new owners are SEB Investment Management, Carnegie Fonder, Aktia Asset Management and Adrigo Asset Management.

The CEO Richard Paxman comments: ”I am delighted to welcome our new shareholders to Paxman. The high level of interest in the company is a clear signaller of our performance but more importantly our future opportunity to build a strong profitable business providing a clear impact socially. I am also pleased for our long standing shareholders including our founder to enjoy a return on their investment whilst enhancing our shareholder base. I look forward to 2025 and beyond with our new and existing investors.”