Alteco carries out a directed new share issue

Press release

Alteco System AB [SE559168-4872] brings in six new partners into the company.

Six of the employees at Alteco System AB are stepping in as partners in the company. After the new share issue, the company will have 13 partners who are all committed to the company's progress. Alteco System AB is an innovative technology company with 20 employees and an annual turnover of approximately SEK 25 million.

- We are convinced that increased employee ownership in the company further strengthens the already strong commitment, participation and desire for development that exists today. Co-ownership also provides unique conditions for long-term and sustainable development of the company and employees at all levels. Financially, it should also be a good and attractive return for the co-ownership. The ambition is that the size of an ownership share should be at a minimum level that should feel motivating upon entry and also later over time. Says Jan Nilsson, Chairman of the Board (and co-owner) of Alteco System AB

For more information, please contact:

Jan Nilsson

jan.nilsson@altecosystem.se

M +46 (0)705603494