Senior Gunnebo Executives Buy More Shares in Gunnebo AB


STOCKHOLM, Sweden, April 8, 2002 (PRIMEZONE) -- In 1997, senior executives in Gunnebo acquired, on open market conditions, options to acquire shares in Gunnebo issued by Bure Equity AB and Vatterledens Invest AB.

Bjarne Holmqvist, Gunnebo AB's President and CEO, has now exercised his options to acquire 60,000 shares in Gunnebo AB. After this, he will own 257,333 shares in Gunnebo, which corresponds to 1.2% of the total number of shares in issue.

Gunnebo's Chief Financial Officer, Lennart Gustavsson, has also exercised his options to acquire 20,000 shares in Gunnebo AB, which brings his holding up to 31,332 shares.

Gunnebo is today an international fast growing security group with 97 companies, located in 30 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MSEK 7,000. Gunnebo's security business includes mainly burglar and fire-resistant safes, security products for banks and cash-handling, electronic security, fire protection, access control and entrance control, alarm centres, out- and indoor perimeter protection.

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