Alleima trading on Nasdaq Stockholm starts today
STOCKHOLM, August 31, 2022 /PRNewswire/ — Shares of Alleima, a global manufacturer of advanced stainless steels, specialty alloys and heating systems for the most demanding industries, begin trading on Nasdaq Stockholm today. This marks the start of Alleima as a fully independent company after being part of Sandvik. The name Alleima is a combination of the words “alloy” and “material” – two strengths of the company.
“This is a historic day for our company and an important step in building the future. We are the result of almost 160 years of collective spirit, working with our customers. Today, Alleima is a world leader in its areas and a strong player in its sector. As a stand-alone company, Alleima will have the right conditions to realize its full potential and the best possible conditions for growth and value creation. I would like to thank all our employees for the excellent work and the quality we provide and our customers for their trust and the progress we make together.Even though our name is new, we will not forget our origins.We will continue to offer the same high quality advanced products and services with the same expertise and solutions that our customers use to,” says Göran Björkman, President and CEO of Alleima.
Sandvik AB’s annual general meeting has decided April 27, 2022, to distribute all the shares of Alleima AB to the shareholders of Sandvik AB. Shareholders of Sandvik AB on the record date August 29, 2022, received one Alleima share for every five shares held in Sandvik. The prospectus is available on Sandvik’s website, www.home.sandvik, and on Alleima’s website, www.alleima.com. The total number of outstanding shares in Alleima AB is 250,877,184. Alleima is listed on Nasdaq Stockholm under the symbol “ALLEI”.
stockholm, August 31, 2022
Background of Alleima
For more information, contact
Head of Investor Relations, Alleima,
telephone: +46(0)790608717 or
Head of press and media relations, Alleima,
telephone +46(0)721452342, or
Vice President of Investor Relations, Sandvik,
telephone: +46(0)707826374 or
Head of Press and Media Relations, Sandvik,
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