A group of investors acquire 9.2% of the shares in Artificial Solutions
Press release November 30, 2021
Artificial Solutions International AB (“Artificial Solutions” or the “Company”) today announces that a group of investors, including among others C WorldWide Asset Management, board member Johan A. Gustavsson and SEB-Stiftelsen, have acquired 6,061,435 shares in Artificial Solutions, corresponding to 9.2% of the shares in the Company from Scope Growth II (the “Transaction”).
The transaction in brief
Artificial Solutions’ largest shareholder, Scope, through the investment funds Scope Growth II and Scope Growth III, today informed the Company that a group of investors including C WorldWide Asset Management and board member Johan A. Gustavsson as well as investors in the investment fund Scope Growth II, including SEB-Stiftelsen, have acquired shares in Artificial Solutions, in a sale corresponding to 9.2% of the shares in the Company. The Artificial Solutions holding, an investment made already in 2008 by Scope Growth II, was the only remaining holding in the fund portfolio.
Following the Transaction, Scope remains Artificial Solutions’ largest shareholder through Scope Growth III. Scope Growth III holds 10,727,971 shares in Artificial Solutions, corresponding to 16.3% of the shares in the Company.
“Having entered a new and exciting chapter with Per and his management team, and as we remain the principal shareholder of Artificial Solutions through Scope Growth III, we are happy to be able to offer our investors, from our earlier fund, the opportunity to continue this journey as direct shareholders” says Fredrik Oweson, Partner at Scope.
“The investors from Scope Growth II have known the Company for a long time and we are happy to welcome them as direct shareholders as we prepare to scale” says Per Ottosson, CEO Artificial Solutions.
This disclosure contains information that Artificial Solutions International AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 30-11-2021 20:58 CET.
