Institutional investors increase holdings in BPC Instruments AB
BPC Instruments AB ("BPC" or the "Company") today announces that, among others, ES Aktiehandel AB and Exelity AB have acquired a total of 365,000 shares in the Company from Gustaf Olsson (Chairman of the Board) and Sustainable Holding Sweden AB (wholly owned by board member Kristofer Cook).
Through ES Aktiehandel AB and Gyllene Aktier 2021 AB, Erik Selin has acquired a total of 160,000 shares and Exelity AB has acquired 35,000 shares. In addition, a few other investors have acquired a total of 170,000 shares. The sale has taken place from Sustainable Holding Sweden AB, wholly owned by BPC's board member Kristofer Cook, and from BPC's board chairman Gustaf Olsson. Motivation for the sale is private.
Jonas Strömberg, Portfolio Manager for ES Aktiehandel AB and Gyllene Aktier 2021 AB, comments: "We acquired our first holdings in BPC last year and have continued to follow the Company closely and continue to be impressed with what BPC achieves. This opportunity to increase our holdings fits well into our investment strategy when it comes to BPC.”
Marlon Värnik, Portfolio Manager for Exelity AB, comments: "We have followed BPC for several years and made our first investment in 2023. Since then, the Company has continued to develop beyond our expectations, and we are therefore excited about the opportunity to increase our shareholdings.”
Kristofer Cook, board member of BPC, comments: "I have a continuous strong faith in BPC, the future of the Company and what Jing and the team will accomplish. The motivation for the sale of some of Sustainable Holding Sweden AB’s shares is personal and I am happy that Selin and Exelity AB have chosen to increase their respective holdings since it is a testament to their belief in the Company.”
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 544,926 shares, corresponding to approximately 5.2 percent of the Company, and now Sustainable Holding Sweden AB owns 249,926 shares, corresponding to approximately 2.4 percent of the Company. Erik Selin has gone from an ownership (via legal entity) of 425,000 shares, corresponding to approximately 4.0 percent, to an ownership (via legal entities) of 585,000 shares, corresponding to approximately 5.6 percent. Exelity AB has gone from an ownership of 125,226 shares, corresponding to approximately 1.2 percent, to an ownership of 160,226 shares, corresponding to approximately 1.5 percent.
Bookrunner
Sedermera Corporate Finance AB has acted as sole bookrunner in connection with the placement.
For more 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 offering analytical instruments enabling more efficient, reliable, and higher quality research and analysis for industries in renewable bioenergy and environmental biotechnology. The result is not only higher accuracy and precision, but also a significant reduction in time consumption and labor 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. BPC is listed on the Spotlight Stock Market in Sweden. For more information, please visit BPC’s webpage: www.bpcinstruments.com.