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Finwire

Umida’s CEO and two other executives increase their shareholdings (update)

(update: addition of third paragraph)

The beverage company Umida’s CEO and two other executives bought shares in the company on 14 October for a total of SEK 0.6 million. All three share purchases were made at a price of SEK 0.45 per share and were conducted off-market. This is shown by the Swedish Financial Supervisory Authority’s insider register.

CEO Filip Lundquist bought 457,247 shares for SEK 205,800. CFO Aron Källström and

Fatih Kurtulus, head of sales and operations, bought 457,220 shares each for

SEK 205,700 each.

Filip Lundquist subsequently bought a further 145,365 shares on 15 October at a price of SEK 0.42 per share, a transaction worth SEK 61,000.

As of 14 October, Lundquist’s holding amounted to 1.55 million shares, Kurtulus’ to 981,504 shares and Källström’s to 657,220 shares.

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