Change of ownership in Lagercrantz Group AB (publ)

Tom Hedelius has today sold his A shares equivalent to 2.06 percent of the capital and 14.49 percent of the votes in Lagercrantz Group AB to the Börjesson family and three other persons in the Management team.  

The Börjesson family after the new acquisition of the A shares, via their company Tisenhult-Gruppen AB, is the largest owner of Lagercrantz Group AB with a total of 2,677,782 A shares and 1,148,550 B shares, equivalent to 5.50 percent of the capital and 28.24 percent of the votes.

“We are very pleased to have now been able to increase our ownership together with the Management team of Lagercrantz. Lagercrantz has displayed a very positive development and currently has a strong platform with many excellent companies and we see very good potential for continued expansion, especially through proprietary products,” says Anders Börjesson.

“I have been extremely pleased with the performance of Lagercrantz for many years and am happy that the participating interest I am now selling will end up with the Börjesson family and with key persons in the Management team,” says Tom Hedelius. As a consequence of the change in ownership, Tom Hedelius has advised that he is resigning from the ongoing work in the Election Committee.  

“The change in ownership will guarantee continuity and stability in the future. It is positive for Lagercrantz as a company and for the other shareholders. I would like to take this opportunity to thank Tom for the many years of trustful cooperation,” says President and CEO Jörgen Wigh. 

Stockholm, 15 May 2018

Lagercrantz Group AB (publ)

For further information please contact:
Anders Börjesson, Chairman of the Board, Lagercrantz Group AB, telephone +46 8 700 66 70
Jörgen Wigh, President and CEO, Lagercrantz Group AB, telephone +46 8 700 66 70

The information was submitted for publication on 15 May 2018 at 10:00 CET.

LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products from leading suppliers. The Group is comprised of some 50 companies, each with a focus on a specific sub-market – a niche. High value-creation is common to all the companies, including a high degree of customisation, support, service and other services.  
Lagercrantz Group is active in nine countries in Northern Europe, in China, India and in the USA. The Group has approximately 1,350 employees and annual revenue of approximately MSEK 3,400. The Company is listed on Nasdaq Stockholm since 2001.

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Lagercrantz is a technology-trading organisation that operates within the areas of electronics, electrics, communication and associated fields. We occupy leading market positions in several expanding niches.

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