Brief: Girindus Investments AB Says H&M Group And Institutional Investors Acquire Shares In Re:Newcell Ab From Girindus

Renewcell AB

09/12/2021 20:46

Dec 9 (Reuters) - Girindus Investments Ab:
    * GIRINDUS INVESTMENTS AB - GROUP OF INVESTORS INCLUDING H&M
TO
ACQUIRE APPROXIMATELY 6.25% OF SHARES IN NEWCELL AB FROM
GIRINDUS INVESTMENTS AB (ADDS DROPPED WORDS "GROUP OF
INVESTORS")
    * H&M GROUP AND INSTITUTIONAL INVESTORS ACQUIRE SHARES IN
RE:NEWCELL AB (PUBL) FROM GIRINDUS INVESTMENTS AB
    * GIRINDUS INVESTMENTS AB- THROUGH THIS NEW TRANSACTION, H&M
GROUP
INCREASES ITS OWNERSHIP STAKE IN RENEWCELL TO APPROXIMATELY
11.51%
    * GIRINDUS INVESTMENTS AB - FOLLOWING TRANSACTION, GIRINDUS
OWNS
APPROXIMATELY 12.77% OF TOTAL NUMBER OF SHARES & VOTES IN
RENEWCELL THROUGH UNIT GIRINCUBATOR AB
    * GIRINDUS INVESTMENTS AB- INVESTORS HAVE ACQUIRED AGGREGATE
1.93
MILLION SHARES IN RENEWCELL, AT A PRICE OF SEK 226 PER SHARE


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