Comment to sales of shares related to the management of ELMO Rent AS
The company announces that the company City Foxes Invest OÜ, which is 50% owned by the CEO Julia Nekrassova, sold in the period of 1.12-3.12.2021 9904 shares of Elmo Rent AS, in the total value of 44,656.82 euros, which is 6.5% of Elmo Rent AS shares owned by the company.
"Sudden changes in personal life were the cause of the sale of shares in an unplanned manner, and currently there are still 2,750 shares in sales process," explained Julia Nekrassova, CEO of Elmo Rent.
The company's management informs that the shareholders related to the company do not plan no more sales of shares.
CEO, member of the board