Change of number of shares and votes in SinterCast
| Source:SinterCast AB
[Stockholm, 30 December 2013] - With reference to Chapter 4, section 9 of the
Swedish Financial Instruments Trading Act (SFS 1991:980), it is hereby announced
that the number of shares and votes in SinterCast AB increased during December
2013, following the exercise of the last 40% of the warrants in the 2009-2013
Employee Stock Option Programme.
Following the registration of the shares received in conjunction with the
exercise of the series 2009-13 warrants, as conducted by the Swedish Companies
Registration Office, the number of shares and votes in SinterCast has increased
by 114,480 to 7,090,133. Prior to the warrant exercise, there were 6,975,653
SinterCast shares and an equal number of votes.
The Company organised a loan of 114,480 shares from shareholders to provide the
necessary liquidity for the exercise of the programme. The trading of the loaned
shares was concluded before end of November. In total, 108,659 shares were sold
at an average price of SEK 85.47. The remaining 5,821 shares where retained by
the employees. The exercise resulted in a cash injection amounting to SEK 5.8
million to the Company, prior to transaction costs.
For and on behalf of the Board of Directors:
Dr. Steve Dawson
President & CEO
Tel: +46 8 660 7750
SinterCast is the world's leading supplier of process control technology for the
reliable high volume production of Compacted Graphite Iron (CGI). With at least
75% higher tensile strength, 45% higher stiffness and approximately double the
fatigue strength of conventional grey cast iron and aluminium, CGI allows engine
designers to improve performance, fuel economy and durability while reducing
engine weight, noise and emissions. The SinterCast technology is used for the
production of more than 50 CGI components, ranging from 2 kg to 17 tonnes, all
using the same proven process control technology. The end-users of SinterCast-
CGI components include Allen Diesels, Aston Martin, Audi, Cameron Compression,
Caterpillar, Chrysler, DAF Trucks, Ford, Ford-Otosan, General Electric
Transportation Systems, General Motors, Hyundai, Jaguar, Jeep, Kia, Lancia, Land
Rover, MAN, Maserati, Navistar, Porsche, PSA Peugeot-Citroën, Renault-Nissan,
Scania, Toyota, VM Motori, Volkswagen, Volvo and Waukesha Engine. The SinterCast
share is quoted on the Small Cap segment of the NASDAQ OMX stock exchange
(Stockholmsbörsen: SINT). For more information: www.sintercast.com.
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