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Press release

Bure sells shares and issues call options to Cavotec's new CEO

Bure Equity

Bure Equity AB, main owner of Cavotec SA, sells 750,000 shares in Cavotec at market price and issues 1,500,000 call options to David Pagels, Cavotec's new CEO.

The options are issued on market terms and have been valued using Black & Scholes. The options consist of two series with a term of three and five years, respectively. Each option provides the right to buy one share in Cavotec. The issued options have no dilution effect for Cavotec's shareholders since the transaction is against Bure Equity's existing shareholding.

For more information, contact


Henrik Blomquist, CEO
henrik.blomquist@bure.se
Telephone: +46 (0) 8-614 00 20

Max Jonson, CFO
max.jonson@bure.se
Telephone +46 (0) 8-614 00 20

Attachments


Bure sells shares and issues call options to Cavotec's new CEO

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