Stockholm, Sweden, June 18, 2018: The shares of Epiroc AB, a leading productivity partner for the mining, infrastructure and natural resources industries, start trading on Nasdaq Stockholm today. This marks the start of Epiroc as a fully independent company following its separation from the Atlas Copco Group.
The Epiroc Scooptram ST7 Battery is part of the company's drive toward fossil-free mines
“It is very exciting for us to now be listed on Nasdaq Stockholm and to start the journey as an independent company,” said Per Lindberg, Epiroc’s President and CEO. “We are proud of our long and productive heritage in theAtlas Copco Group, and at the same time we look forward to serving our customers in an even more focused way and to deliver customer and shareholder value.”
The Annual General Meeting of Atlas Copco AB decided on April 24, 2018, to distribute all shares of Epiroc AB to the shareholders of Atlas Copco AB. Atlas Copco shareholders have received one Epiroc share for each of their Atlas Copco shares. The total number of outstanding shares in Epiroc AB is 1 213 738 703, whereof 823 765 854 A shares and 389 972 849 B shares.
Epiroc serves customers in the mining, infrastructure and natural resources industries in more than 150 countries. The company focuses on providing equipment, services and solutions that enhance productivity, safety, and cost efficiency for its customers – for instance, Epiroc is advancing the drive toward fossil-free mines with its growing fleet of battery-operated mining vehicles, and it is at the forefront of automation solutions for the industry.
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Epiroc is a leading productivity partner for the mining, infrastructure and natural resources industries. With cutting-edge technology, Epiroc develops and produces innovative drill rigs, rock excavation and construction equipment, and provides world-class service and consumables. The company is based in Stockholm, Sweden, had revenue of SEK 31.4 billion in 2017, and has more than 13 000 passionate people supporting and collaborating with customers in more than 150 countries. Learn more at www.epirocgroup.com.