Founders Increase Their Shareholding
8/22/2011 4:54 PM EST
Before the IPO of Swedish medtech company Brighter AB (publ) was launched, the founders, Michael Frantzén and Truls Sjöstedt, increased their shareholding by a total of 875 000 shares in Brighter, corresponding to 8.74% of the total capital stock (437 500 shares and 4.37% respectively).
”The acquisition is to be seen as a sign of our long-term belief in the company that we have founded, and in the future, before which Brighter stands with an upcoming commercialization of Brighter One, the market’s first complete all-in-one-instrument for self-care of diabetes that Brighter has patented.” says Truls Sjöstedt, CEO of Brighter AB (publ).
About Brighter AB (publ)
Brighter develops and commercializes innovative solutions for diabetes self-cafe. It is a STING Alumni company. Financing has come from state and institutional investors such as ALMI, Innovationsbron, KAS Innovationsfond (an activity within the Karl-Adam Bonnier foundation) as well as from private investors.
During the period August 15 to September 2, there is a unique opportunity to issue shares in Brighter. After the introduction issuing, Brighter will be listed at AktieTorget. For more information: www.BrighterCompany.com.
Brighter's all-in-one solution: Brighter One TM Full Video
Contact Information
http://www.BrighterCompany.com/
http://www.BrighterCompany.com/video
http://www.facebook.com/brightercompany
http://twitter.com/Brighter_AB
Phone: +46 8 55 00 88 20
Fax: +46 8 55 00 88 30
Truls Sjöstedt, VD på Brighter AB (publ)
Phone: +46 709 73 46 00
E-mail:
Brighter develops and commercializes innovative solutions for diabetes self-cafe. It is a STING Alumni company. Financing has come from state and institutional investors such as ALMI, Innovationsbron, KAS Innovationsfond (an activity within the Karl-Adam Bonnier foundation) as well as from private investors.
During the period August 15 to September 2, there is a unique opportunity to issue shares in Brighter. After the introduction issuing, Brighter will be listed at AktieTorget. For more information: www.BrighterCompany.com.
Brighter's all-in-one solution: Brighter One TM Full Video