Ferronordic Machines AB - Ownership Changes
Press Release Stockholm, 22 December 2015Lars Corneliusson, CEO and President, and Erik Eberhardson, Head of Business Development, respectively have divested 786,968 and 1,269,103 ordinary shares in Ferronordic Machines AB. The divestments were made in order to settle certain financial commitments to the company’s initial investors, and to reallocate the ownership of shares among the executive management. The terms of the transactions are not public. Out of the sold shares, 1,479,450 shares were transferred to the company’s initial investors and 576,621 shares were transferred to