MSAB CEO and CTO sale of shares
The Chief Executive Officer (CEO) and Chief Technology Officer (CTO) have each sold 110,000 Class B shares in the company to finance the subscription of another 220,000 shares that were available under a share option program decided by an extraordinary general meeting on 13 June 2014. The subscription period for the share options runs from 1 January 2016 to 16 June 2017.
After the completion of the sale, the CEO & CTO holdings of shares will actually increase by 110,000 shares compared to their previous holdings before the sale that took place on 9 March 2016.
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MSAB in Brief
MSAB is a world leader in mobile forensics technology with the aim of extracting and analysing data from confiscated mobile devices, mainly from mobile phones. The company has its own sales offices and sales representatives in Europe, North America, South America, China, Australia and Russia, covering most of the world together with a number of distributors. The proprietary products have become a de facto standard in the field and are used for securing evidence in over 100 countries. The products are complemented by a wide range of training courses, with the opportunity to become certified in a forensically sound method of extracting data from mobile devices. Customers are primarily authorities involved in performing criminal investigations, such as police, customs and the military. MSAB is listed on NASDAQ Stockholm under the ticker symbol: MSAB B.