NCAB Group

Major Shareholding Notification • May 16, 2019

Issuer NCAB Group AB (publ)

Holder

Montanaro Asset Management Limited

Instrument

Instrument Ordinary Shares SE0011167956 Before the transaction Shares 600,000 Voting rights 600,000 Transaction Reason for major shareholding notification Buy Date 15/05/2019 Limit for number of shares 5 % Limit for number of votes 5 % After the transaction Quantity Shares 975,000 Directly held voting rights 0 Indirectly held voting rights 975,000 Percentage Directly held shares 5.78734 % Directly held voting rights 0 % Indirectly held voting rights 5.78734 %

Resulting distribution of total holdings

	Percentage of voting rights:	Number of underlying shares:
Shares	5.78734 %	975,000
Instruments - FITA Ch. 4, section 2, first paragraph, line 2
Instruments - FITA Ch. 4, section 2, first paragraph, line 3
- Physically settled
- Cash settled
Total	5.78734 %	975,000

Chain of controlling companies

	Voting rights % Voting rights Company
375,000	2.2259	Montanaro UK Income Fund
300,000	1.78072	Montanaro European Income Fund
300,000	1.78072	Montanaro European Smaller Companies Trust plc
Group total holdings
Voting rights		975,000

Percentage of voting rights 5.78734

Notes (other relevant informations according to law)

Further to the purchase of 375,000 shares on 15th May 2019, Montanaro Asset Management has moved to a holding of 5.78734% of the shares and voting rights for NCAB Group AB.

Published

16/05/2019 16:34

Contact

Name Matthew Francis

Phone +442074488600 Email trade@montanaro.co.uk

rapportering@fi.se Tfn 08-408 980 37 Fax 08-24 39 25