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Regulatory press release

New CEO takes over Pantaluren Group AB

Mediacle Group
Read the release

Stockholm 2019-03-06

Pantaluren Group AB's Board of Directors has, after the acquisition of Medicale Limited, decided to appoint Santosh Jain as the new CEO of the company.

Santosh holds a Masters degree in Business Administration from University of East London and has nearly 10 years of experience in digital marketing, IT services and media solutions. He founded and led Mediacle Limited to a highly profitable company over the last 5 years and prior to that he served at various positions at Probability (now GTECH), Havas Media and Walker Media, managing digital marketing campaigns for reputed blue chip clients.

"I am pleased to be appointed as the Group CEO at such an exciting time for the business and looking forward to working with the board and the whole team to drive the business forward and build on our success whilst ensuring we continue to innovate and lead the market as we have always done. In addition to the company's core business, we intend to pursue global opportunities and deliver value for our shareholders and stakeholders through innovative solutions and great technology products"

Previous CEO Robin Vestersten will continue working in the company as an active Board of Director closely together with Santosh Jain.  

For more information contact:

E-mail: ir (at) pantalurengroup.se

www.pantalurengroup.se

Telephone: +46 08-120 560 15

This information is insider information that Ayima Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on March 6, 2019.