Certain employees in Cloetta under investigation for share sales
Cloetta AB (publ) has been informed that the Swedish Economic Crime Authority has initiated an investigation for insider crime as a result of share sales by certain employees in Cloetta.
The investigation relates to share sales which were effected during a period before Cloetta’s profit warning on 14 September 2017. Cloetta will fully cooperate with the Economic Crime Authority in the investigation. Cloetta has previously, at its own initiative, through the law firm Cederquist, conducted an investigation of the share sales.
The information was submitted, by the below contact person, for publication on 10 October 2017 at 15.30 pm CET.
Jacob Broberg, SVP Corporate Communications & Investor Relations, 46 70 190 00 33.
Cloetta, founded in 1862, is a leading confectionary company in the Nordic region and the Netherlands. Cloetta´s products are sold in more than 50 countries worldwide with Sweden, Finland, Denmark, Norway, the Netherlands, Germany and the UK as the main markets. Cloetta owns some of the strongest brands on the market, such as Läkerol, Cloetta, Candyking, Jenkki, Kexchoklad, Malaco, Sportlife and Red Band. Cloetta has 8 production units in 5 countries. Cloetta’s class B-shares are traded on Nasdaq Stockholm. More information about Cloetta is available on www.cloetta.com