22.07.2015 17:05:00
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HEXPOL AB (publ.) – CEO has reduced his shareholding to 1 000 000 HEXPOL class B shares
Regulatory News:
Georg Brunstam, CEO HEXPOL AB (publ.) (STO:HPOLB) has reduced his shareholding to 1 000 000 HEXPOL class B shares after having sold 861 500 class B shares.
"In a stage when it is reasonable to somewhat broaden my total investments I have decided to sell a part of my shareholding in HEXPOL AB. After the transaction I still hold an, for me, important and sizeable shareholding representing a major value. It is important for me to make this transaction in a moment when HEXPOL is showing strong growth and having a strong balance sheet", says Georg Brunstam, CEO HEXPOL AB (publ.).
HEXPOL is a world-leading polymers group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily systems suppliers to the global automotive and engineering industry, the energy, oil and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2014 amounted to 8,919 MSEK. The HEXPOL Group has approximately 3,900 employees in eleven countries. Further information is available at www.hexpol.com.
This press release consists of such information that HEXPOL AB (publ) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on July 22, 2015.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20150722005953/en/
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