NOVESTRA: LAXEY PARTNERS INCREASES ITS HOLDING IN NOVESTRA TO 15.3%

Funds managed by Laxey Partners Ltd now own 3,579,300 shares in AB Novestra corresponding to 15.3% of the total outstanding shares.

“We have previously expressed our intention to be a long-term shareholder in Novestra and we feel confident that the company has a number of portfolio companies which continue to develop well in an extremely tough market,” says Rupert Lea who is a partner in Laxey Partners and, since May of this year, a board member of AB Novestra.

For further information please contact Cecilia Janson, AB Novestra, Phone No. +46 8 545 017 50.
For further information regarding Laxey Partners Ltd, please contact: Laxey Partners Ltd
Phone No. +44 207 349 5566

About AB Novestra

Novestra is an independent venture capital investment company with focus on investments in growth companies providing enabling network technologies and services for the communications industry. Novestra’s portfolio of companies includes B2 Bredband AB, Continuum Group Ltd, Explorica, Inc., myPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Holdings, Inc. Novestra’s shares are listed on the O-List of Stockholmsbörsen.
For information regarding AB Novestra, please see www.novestra.com

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