Notification of Change in Shareholding

Stefan Skarin, CEO and Board member of IAR Systems Group AB (publ) has on August 23

2013, transferred his shares in IAR Systems Group AB to an endowment at Danica Pension through Boda Invest AS, a Norwegian company controlled by him.

Stefan Skarin has informed the company that the placement of the shares of endowment policy does not affect his ability to exercise his voting rights for the holding company. 

After the transaction Boda Invest AS does not own any shares in IAR Systems Group AB.

Stefan Skarin owns after the transaction, through endowment, 100,000 shares of Class A and 331,000 shares of series B, which corresponds to 3.7% of the capital and 10.5% of the votes in IAR Systems Group AB.

Stefan Skarin, CEO, IAR Systems Group AB
email stefan.skarin@iar.com

IAR Systems is the world’s leading supplier of software tools for developing embedded systems applications. The software enables over 19,000 large and small companies to develop premium products based on 8-, 16-, and 32-bit microcontrollers, mainly in the areas of industrial automation, medical devices, consumer electronics, telecommunication, and automotive products. IAR Systems has an extensive network of partners and cooperates with the world’s leading semiconductor vendors. IAR Systems Group AB is listed on NASDAQ OMX Stockholm. For more information, please visit www.iar.com

About Us

Our customers build products of today and technology for future innovations. We are proud to be part of that. IAR Systems is the world’s leading independent provider of software for programming of processors in embedded systems. IAR Systems’ software is used by many of the world’s largest corporations, as well as thousands of small and medium-sized companies, mainly operating in industrial automation, medical technology, telecommunications, consumer electronics and the automotive industry. IAR Systems Group AB is listed on the Mid Cap list of Nasdaq Stockholm.

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