CEO sells shares, remains as long-term shareholder
MilDef's departing CEO, Björn Karlsson, has sold 900,000 shares in the company. The reason for the sale is personal financial circumstances, among other things a divorce. In his coming role proposed by the nomination committee as chair of the board, Björn remains committed to MilDef for the long term. He has agreed to a 360-day lock-up period for his remaining holdings in MilDef, which after the sale amounts to 890,821 shares. ”This share sale is a necessary personal financial measure; my long-term belief in the value we can achieve with MilDef is unwavering,” says Björn Karlsson.