Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Finans |
| Industri | Övriga finansiella tjänster |
White Pearl Technology Group AB (WPTG) provides the following Q&A to address inquiries regarding recent share transactions by Board Chairman Sven Otto Littorin.
Board Chairman's Share Transactions
Q: Why has Sven Otto Littorin been selling shares?
A: Mr. Littorin's recent share sales are due to personal financial obligations and are entirely unrelated to White Pearl Technology Group's business performance, strategy, or outlook. As Board Chairman, he remains fully committed to WPTG and continues to believe in its long-term growth potential.
Q: Should investors be concerned that the Chairman is selling shares?
A: No. It's important to differentiate between personal financial decisions and business fundamentals. Mr. Littorin's decision to sell shares is entirely personal and not a reflection of WPTG's performance or prospects. The company remains financially strong, with a clear expansion strategy and growing revenues.
Q: Will Mr. Littorin continue to sell more shares shortly?
A: Any future transactions will be conducted with full transparency in accordance with market regulations. Mr. Littorin remains a committed shareholder in WPTG.
Q: Have any other executives or board members sold shares?
A: No. WPTG's management and leadership team remain highly invested in the company's success. Board Member Arne Nabseth demonstrated confidence in the company by purchasing additional shares in December.
WPTG's Financial Health & Growth Strategy
Q: Has WPTG's financial position changed due to these share transactions?
A: No, WPTG's financial strength remains robust and continues to grow. The company has a strong balance sheet, minimal debt, and a clear growth strategy. The recent acquisitions of Lumin4ry and Nuport further strengthen our position in the Nordic market, expanding our service capabilities and revenue streams.
Q: How will WPTG address share price stability?
A: The best way to support our share price is to deliver on our strategic plans and communicate transparently with investors. We remain focused on:
- Executing growth initiatives in key markets, including the Nordics
- Driving profitability through operational efficiency
- Expanding our client base and securing high-value contracts
- Maintaining investor confidence through consistent communication
Additionally, we are evaluating potential actions to reinforce shareholder value and will be issuing updated forecasts and guidance shortly.
Q: What recent successes can WPTG highlight to reassure investors?
A: WPTG has achieved significant milestones, including:
- Expanding into the Nordics through strategic acquisitions
- Growing our revenue base in key emerging markets
- Strengthening our AI & cybersecurity capabilities, positioning WPTG for future demand
- Securing new partnerships with enterprise clients
We are confident in our ability to drive further growth and profitability.
Insider Confidence & Future Plans
Q: Do other executives and board members believe in WPTG's future?
A: Absolutely. Our leadership team remains fully committed, and no other major shareholders or executives have sold shares. We continue to see strong confidence in WPTG's future from both our leadership and institutional investors and key management like Arne Nabseth have shown this by purchasing shares in the company.
Q: Is WPTG planning more acquisitions to fuel growth?
A: We are constantly evaluating new opportunities, as acquisitions are a key part of our strategy. The recent purchases of Lumin4ry and Nuport strengthen our Nordic footprint, and we are evaluating additional opportunities in high-growth IT sectors such as cloud computing, cybersecurity, and AI-driven analytics.
Q: What message do you have for WPTG shareholders right now?
A: We want to reassure our shareholders that WPTG remains strong, profitable, and on a clear path for growth. The recent share sales by our chairman are purely personal transactions and do not reflect the company's performance or prospects.
WPTG continues to expand, innovate, and strengthen its market position. Our focus remains on delivering long-term value to investors through growth, strategic acquisitions, and profitability.
About White Pearl Technology Group AB
White Pearl Technology Group AB (WPTG) is a global technology company specializing in digital transformation solutions. With a presence in over 30 countries and a team of more than 650 experts, WPTG helps organizations navigate the complexities of the digital age, offering services ranging from ICT and system integration to business software and digital innovation.
For further information, please contact:
Investor Relations
White Pearl Technology Group AB
Email: ir@whitepearltech.com
Phone: +46 707 340804
The company's Certified Adviser is Amudova AB, email: info@amudova.se, phone: +46 8 546 017 58.