Shareholder changes in Transmode
(Thomson Reuters ONE) -
Stockholm, Sweden - 6(th) December, 2011 - Transmode Holding AB (publ), a global
supplier of packet-optical networking solutions has been informed that three of
its shareholders, Amadeus General Partner Limited, HarbourVest International
Private Equity Partners IV - Direct Fund L.P., and EEP Managers Ltd, yesterday
have sold in total 2 500 000 shares, representing 9.2 % of the total number of
outstanding shares and votes in the company. Transmode's largest shareholder,
POD Venture Partners, has however not sold any shares and remains with an
unchanged ownership of 34,1%.
The selling shareholders are three of the shareholders who undertook not to sell
additional shares in the company for a period of six months from the listing.
This lock-up period expired on November 27, 2011. Transmode has further been
informed that the shares have been sold in a placing to institutional investors,
and that Amadeus General Partner Limited, HarbourVest International Private
Equity Partners IV - Direct Fund L.P. and EEP Managers Ltd have entered into a
new lock-up agreement not to sell additional shares in the company for a period
of 90 days.
For more information please contact:
Ola Elmeland
Vice President Marketing & Communications
Transmode Systems AB
Telephone: +46 8 506 882 71
Email:ola.elmeland(at)transmode.com
About Transmode
Transmode is a global provider of packet-optical networking solutions that
enable fixed line and mobile network operators to cost effectively address the
capacity needs created by the rapid growth in video and data traffic. These
solutions are important building blocks in next-generation high-speed optical
networks that support services such as broadband backhaul, mobile data backhaul,
video delivery services and cloud computing. Transmode's solutions are based
onWavelength Division Multiplexing (WDM) and packet optical transport
technologies, which are designed to increase the capacity, flexibility and
functionality of optical metro core and metro access networks. Transmode's
Intelligent WDM (iWDM(TM)) approach gives key advantages to customers, such as
ultra-low latency, low power consumption and innovative network design.
Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX
Stockholm Exchange (TRMO). Since 2000 the company has installed more than
20,000 systems for over 300 fixed and mobile network operators, service
providers, large enterprises and public institutions in over 40 countries across
the globe.
For additional information about Transmode, please visit www.transmode.com.
PDF:
http://hugin.info/134733/R/1569370/487824.pdf
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originality of the information contained therein.
Source: Transmode via Thomson Reuters ONE
[HUG#1569370]
Unternehmensinformation / Kurzprofil:
Datum: 06.12.2011 - 08:45 Uhr
Sprache: Deutsch
News-ID 94258
Anzahl Zeichen: 3497
contact information:
Town:
Stockholm
Kategorie:
Business News
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