EG7’s CEO and Chairman Sell Shares – Remain Committed Long-Term Shareholders
Enad Global 7’s CEO and Chairman, Robin Flodin and Alexander Albedj have together sold 1,313,836 shares between 4-8 June 2021 which corresponds to 24% of their holdings, respectively. They have decided to each keep 76% of their holdings and have signed a lock-up agreement stating that no additional shares can be sold for a period of 360 days. They still hold 4,182,961 shares, corresponding to an investment of approximately SEK 378 million based on the closing price as of 7 June 2021. Comment by Robin Flodin, CEO of EG7:“Due to private financial reasons, the chairman and I have decided