Broad support from shareholders for sale of shares
As previously announced by Zound Industries International AB, the company has initiated an exit process, which may lead to the sale of the shares of the Company or an initial public offering on Nasdaq Stockholm. The exit process is supported by the principal shareholders Zenith Venture Capital, Varenne, Telia Company and Time for Growth Secondary Fund (the "Principal Owners"), which jointly hold a majority of the shares in Zound Industries. The Principal Owners have now obtained support for the sale from shareholders which, together with Marshall Amplification, hold in excess of 90