Stillfront Group AB: Stillfront increases ownership in Simutronics
PRESS RELEASEFebruary 3, 2017 Stillfront increases ownership in Simutronics Stillfront today acquired additional 82,500 shares in Simutronics Corp, corresponding to 2.41% of all outstanding shares. The price per share was 1.02 USD in cash, totalling a consideration for all shares in the transaction to 84,150 USD. Sellers are several minority shareholders in Simutronics. After the transaction Stillfront Group holds in total 1,885,000 shares corresponding to 55.06% of all 3,423,600 outstanding shares. Jörgen Larsson, CEO, Stillfront Group, comments "We are very satisfied