IKANO sells shares in Hemfosa

NOT FOR RELEASE IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR THE UNITED STATES.

Ikano Invest AB has sold 1,667,285 shares in Hemfosa AB (publ), corresponding to approximately 2.4 per cent of the share capital and 2.5 per cent of the voting rights in the company, to a smaller group of institutional investors. The transaction took place with the assistance of Skandinaviska Enskilda Banken AB on December 16, and following the sale, Ikano Invest AB owns 1,667,286 shares in Hemfosa, corresponding to approximately 2.4 per cent of the share capital and 2.5 per cent of the voting rights in the company.

Ikano is an international group of companies, which owns, develops and manages companies in the areas of financial services, real estate, insurance and retail. Ikano was established in 1988 and is owned by the Kamprad family. Ingvar Kamprad is the founder of IKEA. Ikano’s vision is to create possibilities for better living. We are committed to working together to create long-term solutions based on fair terms and simplicity that bring value to our customers. The Ikano Group head office is located in Luxembourg.

More information can be found at: www.ikanogroup.com

Contacts:
Mats Håkansson, Group Vice President, +352 26 44 22 210
Ikano S.A.
1, Rue Nicolas Welter
L-2740 Luxembourg