PowerCell’s CEO Per Wassén has sold 78,000 shares in PowerCell Sweden AB. Following the sale, Per Wassén has a holding of 102,000 shares at a value of MSEK 22.

“I have sold a part of my holding for personal financial reasons”, Per Wassén said.

The sale took place during Monday and Tuesday and has been reported to the PDMR transaction register at the Swedish Financial Supervisory Authority. Per Wassén has been CEO of PowerCell since 2015. Following the selling of the shares he and his family still have a total holding of 102,000 shares at a value of approximately 22 MSEK.

For further information, please contact:

Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 (0) 31 720 36 20
Email: per.wassen@powercell.se

About PowerCell Sweden AB (publ)

PowerCell Sweden AB (publ) develops and produces fuel cell stacks and systems for stationary and mobile applications with a world class energy density. The fuel cells are powered by hydrogen, pure or reformed, and produce electricity and heat with no emissions other than water. As the stacks and systems are compact, modular and scalable, they are easily adjusted to any customer need.

PowerCell was founded in 2008 as an industrial spinout from the Volvo Group. The share (PCELL) is since 2014 subject to trade at Nasdaq First North Growth Market, Stockholm. G&W Fondkommission is Certified Adviser, e-mail: ca@gwkapital.se, phone: +46 8 503 000 50.

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