PEN Concept Group chairman of the board Robert Wu increases his shareholding

Robert Wu, chairman of the board and majority owner in PEN Concept Group AB, has increased his shareholding by acquiring remaining shares from Mr David Pantzar, founder of the group subsidiary PEN Interiör AB. The transaction was done through the company Vilujo Invest AB and was reported to Finansinspektionen (Sweden's financial supervisory authority) on December 29, 2017. 

Transaction volume was 333.300 shares at rate 3,00 SEK per share. After the transaction Robert Wu holds 37,94% of the group shares.

For any inquiry regarding this transaction, kindly contact:
Johan Burtus, CEO, PEN Concept Group AB
E-mail: johan.burtus@pen.se
Phone: +46 738 000 460

This information is insider information that PEN Concept Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication trough the agency of the contact person set out above, on December 29, 2017.

PEN Concept Group in brief
PEN Concept Group AB is a turnkey of interior and products for shops, exhibitions, events, restaurants and showrooms. The group runs its business through its Swedish subsidiaries PEN Interiör AB in Jönköping, PEN Shop Concept AB in Lerum and GOODS Sweden AB in Växjö. In China, sales and manufacturing is located to Qingdao where the subsidiary Oboya Shop Concept Qingdao Co., Ltd. is located.