Set-off issue for the acquisition of Aqualla Brassware Ltd, change in numbers of shares and votes in FM Mattsson Mora Group

As part of the acquisition of Aqualla Brassware Limited the board has today allotted a total of 216,184 Class B shares to the sellers as consideration corresponding to 3.15 million GBP. The board resolved, on 26 February 2021, to issue the shares which have now been subscribed and paid up. The total number of votes in the company thereafter amounts to 32,310,477.

The total number of registered shares in FM Mattsson Mora Group amounts to 14,103,477 after the issue, of which 2,023,000 are Class A shares representing 20,230,000 votes and 12,080,477 are Class B shares representing 12,080,477 votes.

About Us

FM Mattsson Mora Group conducts the sale, manufacture and product development of water taps and related products under the strong, established brands of FM Mattsson, Mora Armatur, Damixa, Hotbath, Aqualla and Adamsez. The group’s vision is to be the customer’s first choice in the bathroom and kitchen. In 2020 the business generated sales of more than 1.6 billion SEK from its companies in Sweden, Norway, Denmark, Finland, Benelux, UK, Germany and Italy and had c. 550 employees (figures adjusted for the acquisition of Aqualla Brassware Ltd in February 2021). FM Mattsson Mora Group is listed on Nasdaq Stockholm.