Information regarding the exit process of Zound Industries International AB

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As communicated on 26th of February 2019, the Board of Directors of Zound Industries International AB (the “Company”) has initiated an exit process of Zound Industries. The exit process is supported by shareholders jointly holding a majority of the shares including Zenith Venture Capital, Varenne, Telia Company and TIME Investors SAS (the “Principal Owners”).

On 18th of April 2019 it was communicated that the Principal Owners had obtained support for the process from shareholders which, together with Marshall Amplification, held in excess of 90 percent of the shares in Zound Industries.

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Source: Information regarding the exit process of Zound Industries International AB

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