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November 29, 2019 9:30 AM

Sale of shares in Sdiptech AB (publ)

Press release
29 November 2019, 09:30

Sale of shares in Sdiptech AB (publ)

During the period November 14, 2019 through November 28, 2019, Sdiptech's principal owner Ashkan Pouya sold a total of 855,856 common shares of series B in Sdiptech AB, through his company Systematic Growth AB. The background is to release funds for investments in other businesses. Ashkan Pouya has also announced that he does not plan further sales and that his ownership perspective in Sdiptech remains long-term. Ashkan Pouya remains as the company's largest owner and his post-sales holdings consist of 1,000,000 common shares of series A and 5,435,000 common shares of series B, corresponding to 20.09% of the capital and 30.85% of the votes in the company.

Stockholm, 29 November 2019

Sdiptech AB (publ)

For additional information, please contact:

Jakob Holm, CEO, +46 761 61 21 91,

Bengt Lejdström, CFO, +46 702 74 22 00,

Sdiptech's common share of series B share is traded under the short name SDIP B with ISIN code SE0003756758. Sdiptech AB's preferred shares are traded under the short name SDIP PREF with ISIN code SE0006758348. Sdiptech AB's Certified Adviser at Nasdaq First North Premier Growth Market is Erik Penser Bank, +468-463 83 00, Further information is available on the company's website: 

Sdiptech AB is a technology group with a primary focus on infrastructure segments critical to well-functioning societies and to welfare, e.g. water & sanitation, power & energy, transportation, energy efficiency and air climate. As part of our offering in urban areas, we also provide niched technical services for buildings and real-estate such as renovation of elevators and roofs. The company has approximately SEK 1,750 million in sales and is based in Stockholm.

The information was provided by the above contact persons for publication 29 November 2019 at 09:30 CET.