Institutional investors acquire shares in BPC Instruments AB
BPC Instruments AB (“BPC” or “the Company”) today announces that ES Aktiehandel AB and Exelity AB have acquired a total of 700,000 shares in the Company from Kristofer Cook, Board Member of BPC.
ES Aktiehandel AB, wholly owned by Erik Selin Fastigheter AB, has acquired 300,000 shares and Exelity AB, a Swedish fund, has acquired 400,000 shares, from Sustainable Holding Sweden AB, wholly owned by BPC Board Member Kristofer Cook. Cook’s motivation for the sales is private and the sale in question includes the all planned sales.
The transaction has taken place as a block trade with no impact on the share price in the market. Before the transaction, Sustainable Holding Sweden AB owned 1,244,926 shares, corresponding to approximately 11.9 percent of the Company, and Sustainable Holding Sweden AB now owns 544,926 shares, corresponding to approximately 5.2 percent of the Company. Exelity AB has gone from no ownership in the Company to approximately 3.8 percent. ES Aktiehandel AB has gone from no ownership in the Company to approximately 2.9 percent.
Jonas Strömberg, Portfolio Manager for ES Aktiehandel AB, comments: "We have followed BPC since the IPO in 2021 and are very impressed with what the Company has achieved. With a mix of profitable growth and a founder led management that has overdelivered so far BPC makes a very attractive investment. It is with great excitement we take place among the largest shareholders in the Company.”
ES Aktiehandel AB
ES Aktiehandel AB aims to find opportunities primarily in underfollowed small/micro-cap companies that trades well below its long-term intrinsic value, with the long-term intrinsic value being defined by the company’s Net Asset Value, earnings capacity or growth prospects. The companies most often have a strong balance sheet. ES Aktiehandel AB is owned by Erik Selin Fastigheter AB.
Exelity AB
Exelity is an alternative investment fund that combines investments in listed shares and financial transactions. The aim is to give the investor a well-balanced portfolio with the upside of investing in small Nordic growth companies while a unique credit exposure creates returns even in times of more uncertain market conditions.
Bookrunner
Sedermera Corporate Finance AB has acted as sole bookrunner in connection with the placing.
For information regarding BPC Instruments, please contact
BPC Instruments AB
Dr. Jing Liu, CEO
Tel: +46 (0) 46 16 39 51
E-mail: [email protected]
About BPC Instruments AB
BPC Instruments is a global Swedish-based pioneering technology company developing and delivering analytical instruments enabling more efficient, reliable, and higher quality of research and analysis in business sectors of renewable bioenergy and environmental biotechnologies. The result is not only higher accuracy and precision, but also significant reduction in time consumption and labour requirement for performing analysis. BPC Instruments’ innovative products offer high quality hardware and software based on deep knowledge and experience of target applications. The solutions are the first of their kind, making the company a pioneer in its field. Today, BPC Instruments exports to nearly 70 countries around the world. For more information, please visit BPC’s webpage: www.bpcinstruments.com