Swedish Stirling’s CEO acquires 204,287 shares from main owner

Clean-tech company Swedish Stirling AB’s (publ) CEO Dennis Andersson acquires 204,287 shares from the company’s main owner, OU Dagny.

Dennis Andersson, newly-appointed CEO of the clean-tech company Swedish Stirling, has today entered into an agreement with the company's main owner, OU Dagny (Dagny), to acquire 204,287 shares. Dagny sells the shares at market prices against a promissary note and Dennis Andersson will use half of his gross salary to repay this over a period of 3 years. With the purchase, Dennis Andersson owns 214,887 shares in Swedish Stirling.

“I believe that it’s important that the CEO owns as many shares as possible already when he starts work. This deal means that Dennis shares the same fate as us shareholders for many years to come,” says Sven Sahle, largest shareholder and chairman of the board of Swedish Stirling.

For further information please contact:

Sven Ljungberg, CCO, Swedish Stirling AB, +46 (0)31 385 88 30  ir@swedishstirling.com. 

About Swedish Stirling AB

Swedish Stirling AB is a Swedish clean-tech company founded in 2008 with a mission to further refine the incomparable ability of Stirling technology to convert thermal energy to electricity. The company’s latest product – the PWR BLOK 400-F – is a unique proprietary solution for recycling energy from industrial residual and flare gases and converting these into 100% carbon-neutral electricity at high efficiency. According to an independent certification, the PWR BLOK is the cheapest way to generate electricity that exists today, yielding greater CO₂ savings per krona invested than any other type of energy. Swedish Stirling AB is listed on Nasdaq First North Premier and FNCA Sweden AB is appointed Certified Adviser, +46(0)8-528 00 399, info@fnca.se.  Read more at www.swedishstirling.com