The number of shares and votes in Netel Holding AB (publ) has increased as a result of the recently completed offset issues of shares, which was resolved on 5 August 2022 by virtue of authorization from the annual general meeting held on 4 May 2022, in connection with the acquisition of Doocey North East Ltd.
Through the offset issue of shares, the number of shares and votes in Netel increased with 90,364.
As of 31 August 2022, on the last trading day of the month, there were a total of 48,022,342 shares and votes in Netel.
Netel is a leading specialist in critical infrastructures in Northern Europe. We have over 20 years of experience in carrying out projects as well as services and maintenance for the industry's largest players in power, telecommunications, heating as well as water and sewage. We have a clear strategy for organic growth and acquisitions based on an efficient business model that is characterized by decentralization, low capital tied up and high cash conversion. Our business is based on a solid sustainability approach with intense responsibility for the environment and work safety. Netel had sales of more than SEK 2.4 billion in 2021 and has approximately 660 employees. Read more at www.netelgroup.com.
This information is information that Netel Holding AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 2022-08-31 10:00 CEST.