Profil:
AB SAAB distributor shareholders start ABB for up to 3,065,252 company shares
Listed distributor of IT, household appliances and consumer electronics AB shareholders Andrzej Przybylo and Iwona Przybylo are commencing an accelerated book-building process with a view to selling no more than 3,065,252 shares, representing up to 18.94 percent of the share capital, the company said in a market filing. The CEO, Andrzej Przybylo, announced that he would not seek re-election for another term.
Andrzej Przybylo offers up to 1,316,200 ABB shares (8.13 percent), Iwona Przybylo up to 1,749,052 shares (10.80 percent).
Ipopema Securities is acting as the investment firm, global coordinator and bookrunner in connection with ABB.
The sale price of the shares and the total number of shares sold will be announced after the book-building process is closed.
Following his share sale notification, CEO Andrzej Przybylo will not seek reappointment to the management board, but is willing to join the supervisory board after his current term ends.
doa/ nl/