CONCENTRIC AB RESOLVES ON TRANSFER OF OWN SHARES

The board of directors of Concentric AB (“Concentric”) has resolved on the transfer of 64,308 own shares as part of the consideration for the acquisition of LICOS Trucktec GmbH (“Licos”) announced earlier this month.

The purchasing company, a newly established wholly-owned German subsidiary, shall as consideration for all shares in Licos pay EUR 9,250,000, where EUR 8,750,000 shall be paid in cash and EUR 500,000 shall be paid with shares in Concentric. The settlement rate for the shares in Concentric has been determined to SEK 67.72 per share, which is based upon the quoted share price of the Concentric share during the five trading days closest to signing of the Licos Share Purchase Agreement.

The Concentric Shares shall be subscribed and transferred during the period starting 26 July 2013 up till and including 31 July 2013. Licos seller has committed not to sell the Concentric shares within an 18 months period.

Concentric AB currently holds 323,603 own shares.

For further information, please contact David Bessant, CFO. Tel: +44 121 445 6545, +44 7917 215 443

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