Monarch Marine Holding Divests Entire Stake in Xer Tech Holding

Monarch Marine Holding Ltd. has finalized the divestment of its entire holding in Xer Tech Holding AB through a distribution in kind to its shareholders. Xer Tech Holding was informed of the transaction by Monarch Marine Holding.

The lock-up undertaking related to the transfer of control has been fully assumed by those who received shares through the distribution. Xer Tech Holding previously announced on July 13, 2026, that Monarch, the company's second-largest shareholder, had resolved to divest its stake.

This divestment significantly reduces Monarch's ownership in Xer Tech Holding. Specific details regarding the value of the distribution or the identity of the receiving shareholders have not been disclosed by Xer Tech Holding.