Christian von Uthmann (VP New Ventures & Strategies) and his partner has sold in total 212,000 shares to finance the purchase of a house.
To avoid speculations, the Company chooses to release the following information that Christian has given the Company.
Christian and his partner have sold in total 212,000 shares last week. On February 28, Christian’s partner sold 62,000 shares (average price 10.62 SEK) and Christian 100,000 shares (average price 10.20 SEK). On March 2, Christian sold 50,000 shares (average price 9.60 SEK).
Christian has informed the Company that the reason for his and his partner’s sale of shares is that they recently signed a contract to buy a house and therefore immediately needed money to finance parts of the purchase price. Furthermore, Christian has informed the Company that they do not have any need to sell more shares due to the purchase of the house, and that he believes in Polygiene and that they intend to keep their remaining shares.
After the sales, Christian and related persons have approximately 458,000 shares in Polygiene.
For press images and more information visit ir.polygiene.com or contact:
Company’s IR at e-mail: ir@polygiene.com
Ulrika Björk, CEO, Polygiene. Mobile: + 46 (0)70 921 12 75, e-mail: ubj@polygiene.com
About Polygiene
Polygiene is the world-leading provider of odor control technology and Stays Fresh solutions for clothing, sports equipment, lifestyle, textiles and other materials to help people stay fresh and confident. Polygiene brings the Scandinavian values of quality and care for the environment to life through its products and services. More than 100 global premium brands have chosen to use Polygiene Stays Fresh Technology in their products. Polygiene was established in 2006 and is listed on Nasdaq First North in Stockholm, Sweden. Erik Penser Bank AB acts as its Certified Advisor.