Swedish Stirling’s largest owner donates shares to foundation

The Chairman of the Board of Swedish Stirling, who also is the company’s largest shareholder, donates 100,000 Swedish Stirling shares to the Transparency Foundation in Latvia.

OU Dagny, largest shareholder in Swedish Stirling and wholly owned by Sven Sahle, Chairman of the Board of Swedish Stirling AB, has today donated 100,000 shares in the company to the Latvian foundation Transparency Foundation. The objective of the Foundation is to use its resources in the best general interests of Latvia, especially for activities to foster transparency and curtail corruption in the private and public sectors, to assess the results of these activities, and to support Transparency International Latvia / Delna (Sabiedrība par atklātību – “Delna”) and its Alliance Against Corruption in Latvia.

- ”Fairness” is one of Swedish Stirling’s core values and something that I personally very much believe in. If you are engaged in business, you unfortunately see corruption in various forms. Both in the form of private actors who want unfair remuneration and goverments that uses taxpayer’s money to support extremely questionable business projects. This is something that I personally want to help fight. This time in a country I have lived in for several years and through a foundation run by a person, Valdis Liepiņš, I have the highest respect for, says Sven Sahle, Chairman of the Board and largest shareholder of Swedish Stirling.

 

For further information please contact:

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

 

About Swedish Stirling

Swedish Stirling 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 offers a variety of solutions enabling power generation at record-low prices compared to other climate-friendly and sustainable alternatives. Swedish Stirling’s Stirling engine can handle a wide range of fuels. The company's latest product, the PWR BLOK 400-F, converts industrial residual and flare gases into electrical energy at a high rate of efficiency. The company’s shares are listed in Sweden (on the NGM Nordic MTF),and can also be traded on the Börse Stuttgart in Germany. Read more at www.swedishstirling.com

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