Thomas Dahlstedt, CEO of Nordrest, acquires shares from Ove Bengtsson who have been granted an exemption from lock-up
In connection with the offering to the public to subscribe for shares in Nordrest Holding AB (publ) ("Nordrest" or the “Company") prior to the listing on Nasdaq First North Growth Market, all shareholding employees within the group or members of the Company's Board of Directors entered into an agreement with Pareto Securities AB ("Pareto") to refrain from transferring or divesting its shareholdings for a period of 360 days after the completion of the offering ("Lock-up Undertakings"). Pareto has granted an exemption from the Lock-up Undertakings in relation to Ove Bengtsson, employee and shareholder prior to the the listing, who has decided to divest his entire shareholding to Thomas Dahlstedt, CEO of Nordrest.
Members of the Company’s Board of Directors and senior executives as well as those who were shareholders in the Company before the listing on the Nasdaq First North Growth Market undertook in connection with the listing not to sell shares in the Company for a certain period after the first day of trading in the Company's shares. Lock-up Undertakings from the Company's employees and senior executives cover 360 days, while the undertakings from Axel Lindgren AB, Westerholm & Partners and Guy Garborg cover 180 days. Lock-up Undertakings are subject to certain exemptions, for example transfers to a company controlled by the shareholder, acceptance of a public takeover offering regarding the Company's shares or transfers required by law or regulation. Furthermore, Pareto, in its capacity as Sole Global Coordinator in the offering preceding the listing, may, in its sole discretion, grant exemptions from the Lock-up Undertakings.
Pareto has granted Ove Bengtsson, employee and shareholder prior to the listing, an exemption allowing him to divest his entire shareholding, corresponding to 44,854 shares in Nordrest to Thinc Holding 2 AB, a company wholly owned by Thomas Dahlstedt, CEO of Nordrest. The transaction is carried out at the price of 118.16 SEK per share, which corresponds to the volume-weighted average price of Nordrest's share on the Nasdaq First North Growth Market on 24 June 2024. The exemption has been granted due to Ove Bengtsson, unit manager within the Nordrest group, retiring and that CEO Thomas Dahlstedt expressed an interest in acquiring Ove Bengtsson's shares. Furthermore, all obligations and rights assigned to the shares acquired from Ove Bengtsson under the Lock-up Undertakings are transferred to Thomas Dahlstedt.
For further information, please contact:
Thomas Dahlstedt, CEO, Nordrest
Tel: +46 8 627 00 60
E-mail: [email protected]
Mathias Wikell, CFO, Nordrest
Tel: +46 8 627 00 60
E-mail: [email protected]
About Nordrest Holding AB
Nordrest is a pure foodservice company focused on natural guest flows and contract-based meal solutions. The Company's offering includes meal solutions tailored to each customer's needs and preferences, as well as ready-made brand concepts such as Taste by Nordrest, Togo by Nordrest, Pocket by Nordrest, La Girafe, Dinners, and Way Cup.
FNCA Sverige AB is the Company’s Certified Adviser on Nasdaq First North Growth Market and can be contacted on [email protected] or +46 8 528 00 399.