Daniel I sell Spotify stock – DN.SE



[ad_1]

In documents submitted to the US counterpart to the Financial Supervisory Authority, SEC, it appears that Spotify's founder and CEO, Daniel Ek, has completed its first sale of Spotify shares since its introduction to the Stock Exchange. New York early in the year. digital.

Daniel Ek, the second largest owner of the company, has so far sold more than 54,000 shares valued at $ 9.7 million, or 85 million crowns Swedish.

The transactions were carried out in accordance with DI during the second half of June and beginning of July and were carried out in part through the holding company Daniel Eks in Cyprus. In addition, another 422,000 shares will be recorded for sale, which could mean that this is only the first of many other sales.

The 422,000 shares registered for sale are worth 700 million crowns, based on Tuesday's closing price.

At the list earlier this year, Daniel Ek owned nine percent of the company and its founder Martin Lorentzon 12.2 percent. If the remaining shares registered for sale are sold, the founder's property will decrease to 8.5%.

The streaming service, after its first quarter of this year, had 75 million paid users and a total of 170 million active users who had access to more than 35 million songs.

On Thursday, the Spotify report is released for the second quarter. They, according to DI, expect that the number of active users is expected to rise to 180 million users and believe in revenue for the second quarter of 12.4 billion Swedish crowns.

[ad_2]
Source link