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Management, Board of Directors and current shareholders increase ownership in BoMill AB

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BoMill AB’s management and Board of Directors have strengthened their ownership in BoMill following an acquisition of Industrifonden’s shares in the company. In total, 1 251 400 shares to the value of 5 005 600 SEK have been acquired by management, Board of Directors, and current shareholders in BoMill AB. Consolidating their commitment further, the owners show a solid trust in BoMill’s ambition to reach out globally with the company’s revolutionary solution.

Globally, climate change and its effects are increasingly challenging the agricultural and food business. Grains must be used more efficiently in the future and BoMill has an important role to play in supporting the value chain with its unique grain sorting solution.

  • I am convinced BoMill has a successful future, and I am proud to increase my ownership in the company along with the management team and the Board of Directors. We are dedicated in making the grain industry more efficient and sustainable. Our investment in BoMill is for the long-haul, says Andreas Jeppsson, CEO of BoMill.

In total, the CEO Andreas Jeppsson along with CFO Per Heander, CTO Fredrik Nilsson, newly appointed business advisor Peter L Nilsson and chairman Lars Persson and other current shareholders have acquired approximately eight percent of the total number of shares in the company. The shares will be under lock-up in line with earlier commitments from Industrifonden.

The holdings of the members in the management and Board of Directors after the transaction can be found on BoMill’s website (www.bomill.com).

This information is insider information that BoMill AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out below, on 16 September 2021.

For more information about BoMill, please contact:

Andreas Jeppsson, CEO

Phone: +46 727 001 182

E-mail: andreas.jeppsson@bomill.com

 

Certified Adviser: Svensk Kapitalmarknadsgranskning AB

Phone: +46 11 32 30 732

E-mail: ca@skmg.se

BoMill has developed and is marketing a patented technology for sorting grain on a commercial scale, based on the internal qualities of each kernel. The method is the only one of its kind on the market today and is estimated to have the potential to become a Golden Standard within the industry. The Company operates in several markets and has sold sorting equipment to a number of reputable companies in the grain industry.

For more information about BoMill, please visit www.bomill.com.