Meltwater acquires additional shares in Cision AB (publ) at SEK 60 per share
March 29, 2014 - London
FOR IMMEDIATE RELEASE
San Francisco, March 30, 2014 - As will be notified to the Swedish Financial Supervisory Authority on Monday March 31, 2014 in accordance with the regulations about major changes in ownership (Sw: flaggningsregler), Meltwater Drive Sverige AB has acquired 768,702 shares in Cision AB (publ) at SEK 60 per share. Meltwater now owns 15.3 percent of capital and votes.
Meltwater, a global company founded in Norway and headquartered in San Francisco, helps businesses drive growth and build brands. Meltwater's online intelligence platform analyzes billions of digital documents daily to extract precise, timely business insights that help more than 20,000 companies understand their markets, engage their customers, and master the new social business environment. With offices in 27 countries, Meltwater is dedicated to personal, global service built on local expertise. Meltwater also operates the Meltwater Entrepreneurial School of Technology (MEST), a nonprofit organization dedicated to nurturing future generations of entrepreneurs. Employees and founders hold majority ownership of Meltwater. In October 2012, Altor Fund III became a minority investor in Meltwater.
Jorn Lyseggen, CEO and founder
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Source: Meltwater via Globenewswire