Anders Ström has on 16 February sold 1.5 million shares in the form of Swedish Depository Receipts ("SDRs") in Unibet Group to institutional investors in Sweden and abroad.
Anders Ström´s holding in Unibet after the sale amounts to 5,603,356 SDRs equivalent to 19.9% of capital and votes in the company, which means that he remains the largest shareholder in the company. He also intends to remain as executive chairman in Unibet.
- I strongly believe in the future prospects for Unibet. It is however not natural for me as a private individual to have such a large share of my private wealth in one share. As a consequence I need to diversify my investments. I am keeping 80% of my stake in Unibet and also after the sale it is my largest investment by far.
At the same time, the board member Peter Lindell has sold 300,000 SDRs/shares, which is equivalent to 15.6% of his holding. After the sale, he has 1,620,864 SDRs, representing 5.8% of the total shares outstanding.
Several institutions have previously enquired about the possibility of acquiring larger stakes in the company and that has been facilitated through this sale.
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