HEXPOL AB – CEO have sold a minor part of his shareholding
| Source:HEXPOL AB
Georg Brunstam, President and CEO of HEXPOL AB (publ.), has sold 63,600 HEXPOL B
shares. The transaction constitutes a minor part – approximately 25% – of Georg
Brunstam´s shareholding in HEXPOL AB (publ). Georg Brunstam´s shareholding after
the transaction amounts to 186,150 HEXPOL B shares.
“For financial matters of private nature have I sold a minor part –
approximately 25 percent – of my shareholding in HEXPOL AB (publ.). 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 have a strong balance sheet and is showing very strong and
stable result” says Georg Brunstam, President and CEO HEXPOL AB (publ.).
For more information, please contact:
Georg Brunstam, President and CEO
Tel: +46 (0)40-25 46 61
HEXPOL is a world-leading polymers group with strong global positions in
advanced rubber compounds (Compounding), gaskets for plate heat exchangers
(Gasket), and plastic and rubber materials for truck and castor wheel
applications (Wheels). Customers are primarily OEM manufacturers of plate heat
exchangers and trucks, global systems suppliers to the automotive and
engineering industries, the energy sector and the medical technology industry.
The Group is organised in two business areas, HEXPOL Compounding and HEXPOL
Engineered Products. The HEXPOL Group’s sales in 2013 amounted to 8,036 MSEK.
The HEXPOL Group has approximately 3,400 employees in ten countries. Further
information is available at www.hexpol.com.
The report consists of information that HEXPOL AB (publ) is obliged to disclose
in accordance with the Swedish Securities Market Act and/or the Financial
Trading Instruments Act. The information was submitted to the media for
publication on February 10, 2014, at 17:00 CET.
GlobeNewswire, a NASDAQ OMX company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.