Press release from ASSA ABLOY

 

I have owned the shares since the group was established in 1994, at which time I financed my entire investment through borrowed funds. Each year since I have increased the amount borrowed in order to cover payments of interest and wealth tax. My reason for selling this smaller part of my holdings is solely to achieve a more equitable balance between my continuous earnings and costs.  This sale also enables me to achieve a more reasonable risk allocation as regards my total holdings.

 

The timing of the sale has been chosen solely with regard to the restriction in the insider rules and the recently rendered interim report.

 

 

 

 

For further information, please contact

Carl-Henric Svanberg, President & CEO, tel: +46-8-510 0551

 

ASSA ABLOY AB (publ)

P.O. Box 70340, S-107 23 Stockholm

Tel: +46-8-506 485 00, Fax: +46-8-506 485 85

Visiting address: Klarabergsviadukten 90

 

 

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