2019-11-01

Increase in the number of shares and votes in the Balco Group

Växjö 1 November 2019, 16:00 CET

In connection with the expiry of the first part of Balco Group’s warrants program for senior executives in October, the majority of participants have chosen to exercise their options to subscribe for a total of 194,538 new shares..

 This means that the number of shares and votes in the Balco Group has increased from 21,428,773 to 21,623,311 and the share capital has increased from 128,577,668.70   SEK to 129,744,958.52 SEK.

For more information, please contact:

Michael Grindborn, CFO and Head of IR, +46 70-670 18 48

 

This information is information that Balco Group Holding AB is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication at 16.00 CET on November 1, 2019.

  

Balco in brief:

Balco is a growth company offering high quality, innovative, patented and energy-saving balcony solutions. The company’s customized products contribute to enhanced quality of life, security and an increase in value for residents of multi-family residential properties. Through a decentralized and efficient sales process, Balco has control over the entire value chain – from production to delivery. The company, which was founded in Växjö in 1987 and has over 400 employees, is a market leader in the Nordic region, and operates on several markets in northern Europe. Sales in 2018 amounted to SEK 1,058 million. Balco’s shares are listed on the Nasdaq Stockholm Stock Exchange.

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