Key executives increase Novestra Holdings

KEY EXECUTIVES INCREASE NOVESTRA HOLDINGS Thomas Åkerman, President and CEO, Nils Bengtsson, Vice President and CFO and Göran Strandberg, Executive Director, have acquired a total of 140 000 Novestra shares from the main owners, Theodor Dalenson and Lennart Tengroth. The transaction has been made after consultations with Alfred Berg Fondkommission. " Messrs Åkerman, Bengtsson and Strandberg have expressed an interest to increase their engagement in the company and through this direct transfer, which does dot represent more than 3 per cent of our respective holdings, we could accommodate their interest in a timely manner," says Theodor Dalenson and Lennart Tengroth. For further information please contact Thomas Åkerman, President and COO, tel. +46 8 545 017 50. Novestra is one of the leading venture capital investment firms in the Nordic countries, primarily with a focus on companies providing enabling services to the network economy. Novestra's portfolio of companies includes B2 Bredband AB, Comintell AB, Continuum Group Ltd, Fanglobe Inc, Iquity Systems Inc, Mobilestop Inc, Netsurvey AB, PowerNet AB and Qbranch AB. Novestra's shares are listed on the O list of the OM Stockholm Exchange. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/09/12/20000912BIT00750/bit0001.doc http://www.bit.se/bitonline/2000/09/12/20000912BIT00750/bit0002.pdf

About Us

About STRAXSTRAX is a global company specializing in mobile accessories and connected devices. STRAX is listed on the Nasdaq Stockholm Stock Exchange. STRAX offers proprietary, licensed,partner branded accessories and connected devices. The proprietary brands include XQISIT, GEAR4, Urbanista, THOR, AVO+ and FLAVR. The company furthermore represents over 30 brands. The company sells to a wide channel landscape ranging from telecom operators, specialized mobile and consumer electronics retailers to online, lifestyle, convenience stores and supermarkets. STRAX was founded in Miami and Hong Kong in 1995 and has since grown significantly across the globe. STRAX has 200 employees in 12 countries and its operational HQ and logistics center is based in Germany.

Subscribe