Press release - 29 April 2010

CapMan to exit Gammadata

Funds managed by CapMan have signed an agreement to sell their holdings in Swedish technology company Gammadata Holding AB to funds managed by Innovations Kapital. The exit will not impact CapMan Plc’s result for 2010, as the funds in question are not in carry. CapMan-managed funds, CapMan Equity VII A, C, and Sweden, together with Swedestart Tech and Yewtree, made their initial investments in Gammadata in 2004. Founded in 1986 and employing around 180 people, Gammadata develops and supplies analysis and measurement equipment based on applied nuclear and surface physics technology for use by research institutes and industry.

“Gammadata has developed positively during the time we have been an owner and has succeeded in steadily growing its net sales and profit margins. I believe that the company is well-placed for continued growth in the future,” says CapMan Senior Partner Lennart Jacobsson.

“CapMan has been a very supportive and constructive owner. Gammadata is now in a position to take the next step and continue to grow,” says Gammadata’s CEO Jan Edhäll.

Prior to the transaction with Innovations Kapital, the CapMan funds owned 48.2 % of Gammadata’s shares.