With the assistance of Monitor via Modular Finance, Scandinavian Enviro Systems (Enviro) has prepared a register of the 15 largest owners of the company as of June 30, 2023. Following the directed share issue in May, the company’s new owners include Handelsbanken Fonder, Swedbank Robur Fonder and Skandia Fonder. Michelin did not participate in the issue but remains the largest shareholder by a considerable margin with 16.28%.

The register reflects the major changes that have taken place since the announcement of the cooperation agreement with Antin in March of this year and the subsequent directed share issue in May. The 15 largest owners now include a number of prominent Swedish institutions, such as Handelsbanken Fonder, Swedbank Robur Fonder, Skandia Fonder, Cicero Fonder and Öhman Fonder.

Owners:Ownership share: *
1. Michelin16.28%
2. Avanza Pension6.63%
3. Handelsbanken Fonder3.74%
4. Swedbank Robur Fonder3.10%
5. Nordnet Pensionsförsäkring2.75%
6. Livförsäkringsbolaget Skandia1.98%
7. Cicero Fonder1.50%
8. Dina Persson1.49%
9. Öhman Fonder1.24%
10. Skandia Fonder1.12%
11. Jula Holding0.86%
12. Coeli Asset Management0.81%
13. Atlant Fonder0.61%
14. Stig-Arne Blom0.57%
15. Swedbank Försäkring0.55%

*Source: Monitor via Modular Finance

Michelin did not participate in the issue and at the end of June, Michelin's ownership through dilution had therefore decreased from 20 to 16.28%. Michelin has refrained from participating in an issue before.

Press release by Enviro.