Founder files claim against Brighter AB over alleged share lending agreement

Brighter AB (Publ) (The Company) today announced that it has received a claim from its founder and former chairman, Truls Sjöstedt.

Truls Sjöstedt alleges that he has suffered losses of between SEK 4.4 and 5.4 million in relation to Brighter shares that he reportedly lent to Unwrap Finance Nordic AB in late December 2020. The Company is not party to this share lending agreement. However, Sjöstedt alleges that he entered into a separate agreement with Brighter earlier in December 2020 that would prevent Brighter from issuing shares other than to Unwrap before the shares that he lent to Unwrap were returned. He alleges that this agreement was breached.

The Board of Directors has no record of approving or entering into any such agreement with Mr Sjöstedt as he alleges. The Company considers the lawsuit to be entirely spurious and without basis in fact or law. The Company will contest the claim and the facts on which it relies. 

For further information, please contact:
Investor Relations
IR@brighter.se

Certified Adviser
Brighter’s Certified Adviser is Eminova Fondkommission AB, 
+46 (0)8 – 684 211 00, adviser@eminova.se, www.eminova.se

This information is information that Brighter 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 persons set out above, at 20.00

CET on 29 September, 2021

About Brighter AB (publ)

Brighter is a health-tech company from Sweden with a vision of a world where managing chronic diseases is no longer a struggle. We believe a data-centric approach is key to providing smarter care for chronic conditions. Our daily-care solutions are designed with a vision to facilitate the flow of real-life treatment data between chronic-disease patients, their loved ones and their care providers – aiming to improve quality of life, easing the burden on healthcare systems, and opening new opportunities for data-driven research. Brighter's quality management system is ISO-13485 certified. In 2019 the company won the Swecare Rising Stars Award. The Company's shares are listed on Nasdaq First North Growth Market/BRIG.For more information, please visit our website at https://brighter.se/