Between December 3 and 5, Alireza Etemad, through his company Etemad Group, acquired 250,000 shares in infrastructure network company Netel, where he serves as chairman of the board and major shareholder. The shares were purchased at an average price of SEK 4.12 per share, amounting to a transaction value of SEK 1.0 million. The deal was executed on Nasdaq Stockholm, according to the Swedish Financial Supervisory Authority's insider register.
As of November 26, Etemad held 4.03 million shares, corresponding to 8.03 percent of the company's capital and voting rights, according to the shareholder service Holdings.
