CEO Johan Molin acquires 500 000 ASSA ABLOY B-shares

Johan Molin, President and CEO of ASSA ABLOY, has today acquired 500 000 ASSA ABLOY B-shares to a value of approximately SEK 66 million. After the acquisition, Johan Molin holds a total of 521 900 B-shares in ASSA ABLOY.
 
"I have a strong belief in ASSA ABLOY and I see a great potential in continuing to develop and strengthen our position as the leading company in our industry", says Johan Molin.
 
Further information can be obtained from
Ann Holmberg, Manager Corporate Communications, Tel: +46 8 506 485 54
Martin Hamner, Director of Investor Relations and Group Controller, Tel: + 46 8 506 485 79

ASSA ABLOY is the world's leading manufacturer and supplier of locking solutions, meeting tough end-user demands for safety, security and user friendliness. The Group has some 30,000 employees and annual sales of about EUR 3 billion.

About Us

ASSA ABLOY is the global leader in door opening solutions and offers mecahnical and electromechanical locks, digital door locks, security doors, entrance automation, hotel security and secure identity solutions, primarily in identity and access management, as well as a number of other related products and services. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international Group with some 47,000 employees operating in more than 70 countries and sales of around SEK 71 billion.