Systemair (NASDAQ OMX Stockholm: SYSR) acquired in 2012 shares in Lindab AB (publ). The shareholding amounts to 9,150,000 shares, representing 11.2 percent of the shares and votes in Lindab. A limited group of institutional investors has acquired the entire equity stake and subsequently Systemair has no shareholding in Lindab. The shares were sold at a price of 72 SEK, corresponding to 30 day volume weighted price. Commenting on the deal says Gerald Engström, Systemair's CEO and President: "We have together with other owners made changes in the company's board and management that have been useful for Lindab's development. Lindab's latest financial statement shows that the company is developing positively. For Systemair and its shareholders, it seems rational that when an opportunity arises that is good for Lindab and Systemair leave ownership ahead and use the incoming payment to further develop the business in Systemair." "Privately I own 800,000 shares in Lindab, which I intend to keep. Do I get the nomination committee and shareholders confidence I am happy to continue as a Director of Lindab. " Systemair makes a capital gain of approximately SEK 250 million on the sale of the shares. Erik Penser Bankaktiebolag was Systemairs advisor in the completion of the deal. For further information contact: Gerald Engström, CEO, +46 222 440 01, + 46 70 519 00 01 Anders Ulff, CFO, + 46 222 440 09, + 46 70 577 40 09 Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440 00, www.systemair.com Note: The information here is that which Systemair AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 10:20 (CET) on 3 March 2014. Systemair in brief Systemair is a leading ventilation company with operations in 45 countries in Europe, North- and South America, the Middle East, Asia and South Africa. The Company had sales of SEK 4.55 billion in financial 2012/13 and currently employs about 4,150 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. During the past 15 years, the Company's growth rate has averaged about 13 percent. Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and Holland Heating brands. Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange in Stockholm since October 2007. The Group comprises about 60 companies. [HUG#1765791]
Institutions acquires Systemairs shares in Lindab Systemair
Top 10 Most Recent News Articles
Voting for Future Urban Icons Begins Globally
New Era for Urban Innovations Takes Center Stage Here's a twist folks didn't see coming: Future cities aren't just the stuff of sci-fi flicks anymore. We've got a global stage now—real, live, and buzzing with excitement from New Clark City in the Philippines. On October 31, 2026, they pulled back the curtain on 7wondersfc.com, flipping the switch on a worldwide voting...
Continue Reading
Wulcea Pioneers Safety in Smart Heated Apparel
Tech Behind the Warmth and Safety You ever turn on a heated jacket and wonder if it'll keep you safe as much as warm? That's the scene with Wulcea, a brand diving headfirst into the smart heated clothing market. People are waking up to what’s inside these technological coats, not just how they feel on a frosty walk. It’s the kind of scenario where safety meets...
Continue Reading
Fashion and Philanthropy Unite at UBCF Kick-off Party
Exclusivity and Dedication Mix at UBCF Event When fashion and philanthropy get together, you better believe it's more than just a pleasant evening. The Frederick Anderson Collection is hosting a swanky cocktail reception, kicking off the United Breast Cancer Foundation's (UBCF) highly-anticipated Think Pink Gala, and it's shaping up to be a unique affair wrapped in...
Continue Reading
UBCF & GGP Join Forces for Nationwide Pink Bag Drive
Caring Through Community: Pink Bag Events Unroll What do you get when compassion meets action? That's the story with the United Breast Cancer Foundation (UBCF) and GGP's Pink Bag Event. Here in 2026, these folks are doing something so damn important, you'd wonder why more don’t follow suit. For the fifth straight year, they're rolling out a campaign that bridges the gap...
Continue Reading
China-Malaysia Youth Dialogue: Tackling Ocean Challenges
Building Bridges Across Waters These aren't the afternoons of trading stocks, folks—this one dives into the depths of the ocean and the tumultuous waters between China and Malaysia. October 30 saw the China-Malaysia Youth Ocean Dialogue take place at the China Media Group Sanya Studio, bringing together some sharp minds from both nations, tackling something that goes...
Continue Reading
SAMILBIO Gambles on 'Chaeyun' Launch With November Events
Can SAMILBIO's New Products Make a Splash? In a world where skincare is more competitive than a hot dog stand outside a vegan festival, here comes SAMILBIO with their latest offerings. Launching a whitening cream and an acne-fighting gel under the 'Chaeyun' brand, this company isn't just sticking to digital—it's diving into face-to-face consumer interaction. I mean,...
Continue Reading
SKYWORTH Solar's Solavita: Energizing Global Microgrids
Aiming for Global Reach with Solavita Usually, when a company flings a new brand into the arena, you're looking at a whole bunch of promises and probably a fat folder of paperwork you don't want to read. But when SKYWORTH Solar dishes out Solavita as its new ace in the smart microgrid game, you reckon there's a bit of serious starch in the collar. Harnessing Worldwide...
Continue Reading
HK Boosts Oversight of Building Repairs Post-Blaze
Big Moves After a Tragic Fire Hong Kong's revamping its approach to building maintenance and oversight, clearly in reaction to the horrific Wang Fuk Court blaze last year. That fire didn't just leave scars; it blew open glaring gaps in the city's oversight of building repairs. The government's now jumping into action by launching a raft of measures aimed at preventing...
Continue Reading
Naviu's AI Travel Guide: Revolutionizing Japan Tours
A New Era of Touring Japan: Meet Naviu Alright, travelers, strap in—Naviu is about to flip your trip to Japan upside down. Launching November 1st, 2026, this AI-powered augmented reality travel companion is trying to make exploring Japan easier than ever. Behind this innovative gem is TANGLE Inc., working with technology so cutting-edge, it's practically slicing through...
Continue Reading
XPeng Hits New Monthly Delivery Record in October
XPeng Smashes Delivery Records Yet Again Ah, the green light’s on for XPeng, and it's a bright one! This October, we learned that XPeng hit the throttle hard with a new record of 50,237 vehicles delivered. Now, that's a sizable rally—a 22% climb month-over-month and shooting 20% higher than last October. For a company like XPeng, which resembles a bulldog with its...
Continue ReadingTop 5 Most Recently Viewed Articles
Intellia Therapeutics Investors Alert: Class Action Details Unveiled
Important Update for Intellia Therapeutics Investors The Gross Law Firm is reaching out to shareholders of Intellia Therapeutics, Inc. (NASDAQ: NTLA) regarding a significant class action lawsuit that has recently come to light. This notice serves to inform investors about the current developments and vital deadlines associated with the lawsuit. Details of the Class Action...
Continue Reading
Wolfspeed, Inc. Faces Class Action Lawsuit Over Allegations
Wolfspeed, Inc. Faces Class Action Lawsuit Pomerantz LLP has taken legal action with a class action lawsuit against Wolfspeed, Inc. (NYSE: WOLF). This lawsuit arises from serious allegations regarding the conduct of the company, particularly about potential securities fraud and questionable business practices associated with its leadership. Background of the Lawsuit This...
Continue Reading
Sapiens Set to Disclose Financial Results This November
Sapiens International to Reveal Q3 Results Soon Sapiens International Corporation (NASDAQ: SPNS), renowned for its innovative software solutions tailored for the insurance industry, has announced that it will unveil its financial results for the third quarter of 2025. This important announcement is scheduled for November 13, 2025. Investors and industry players are...
Continue Reading
Transform Your Investment: Cummins Stock Journey Over Five Years
Understanding Cummins Stock Growth Cummins (NYSE: CMI) has shown remarkable performance in the stock market over the last five years, consistently outperforming broader market indices. With an impressive annualized return of 18.19%, the company has demonstrated its capability to deliver substantial returns to its shareholders. Currently, Cummins has a market...
Continue Reading
Tradeweb Enhances WGBI with Benchmark Closing Prices
Tradeweb Incorporates Benchmark Closing Prices into WGBI Tradeweb Markets Inc. (Nasdaq: TW), renowned for its global electronic marketplaces, has made a significant announcement regarding the World Government Bond Index (WGBI). The incorporation of Tradeweb FTSE benchmark closing prices is set to refresh how investors and traders interact with this crucial index, which is...
Continue Reading