HTRO Hexatronic Group AB

Hexatronic extends supply agreement with CityFibre

Hexatronic extends supply agreement with CityFibre

Hexatronic Group AB (publ)

556168-6360

Press Release February 22, 2022

Hexatronic extends supply agreement with CityFibre

Hexatronic UK Ltd., a wholly owned subsidiary of Hexatronic Group AB, has signed a framework supply agreement with CityFibre, the UK’s largest independent Full Fibre platform, to supply passive fibre optic solutions including fibre optic cables, microducts, connectivity cabinets and aerial nodes. The supply agreement follows a previous contract announced in February 2019 to supply similar solutions for CityFibre’s initial build of one million homes.

The new agreement has an estimated value of around 100 MGBP over the next three years. In addition, the contract includes an option for CityFibre to extend the contract another two years. The equipment will be used by CityFibre as the company rolls out its Full Fibre networks throughout the UK to reach up to 8 million homes, 800k businesses, 400k public sector sites, and 250k 5G access points by end of 2025.

Comments from James Thomas, Director of Supply Chain at CityFibre:

We’re pleased to continue and grow our relationship with Hexatronic. They have consistently provided high-quality solutions to support our nationwide rollout and continue to work closely with us as partners. We look forward to our continued collaboration in delivering what is a critical project to upgrade the UK’s digital infrastructure.”

Comments from Hexatronic Group’s CEO

“We are delighted to have retained the trust, as CityFibres largest supplier of passive fibre optic products, of such a dynamic and important player on the expansive UK market. We have been working closely with CityFibre as a strategic supplier over a number of years and even before as a partner on the development of passive infrastructure solutions that can help drive efficiency in their build programme. Our market-leading FTTH products are characterised by being quick and easy to install, and we support our customers with local field support and training facilities. This continued partnership with CityFibre further strengthens our position within the rapidly expanding UK market says Henrik Larsson Lyon, Hexatronic´s Chief Executive Officer.

Gothenburg, February 22, 2021

Henrik Larsson Lyon

CEO Hexatronic Group

For more information, please contact:

Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34 00

Pernilla Lindén, CFO Hexatronic Group, 2

The information was submitted for publication, through the agency of the contact person set out above, at 17.30 CET on February 22, 2022.

About CityFibre:

CityFibre is the UK’s largest independent Full Fibre infrastructure platform. We provide digital infrastructure that enables our wholesale customers to provide ultra-fast, reliable and futureproof broadband, ethernet and 5G services to homes, businesses, schools, hospitals, GPs surgeries and anything else that needs connecting.

We have a £4bn Full Fibre network rollout programme underway which is on track to serve up to a third of the UK by 2025; that’s 8m homes, 800k businesses, 400k local authority sites and 250k 5G access points. We’ve already announced 285 cities, towns and villages which will receive a transformational digital upgrade as part of our nationwide rollout.

As the nation’s only 100% Full Fibre wholesale network, CityFibre is trusted by major Internet Service Providers and mobile operators including TalkTalk, Three, Vodafone and Zen as we are actively supporting a new generation of smaller regional ISPs dedicated to delivering Full Fibre Broadband.

CityFibre is based in London and is owned by Antin Infrastructure Partners, Goldman Sachs Asset Management, Mubadala Investment Company and Interogo Holding.

About Hexatronic Group:

Hexatronic Group AB (publ) is a group that develops, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Matrix, Viper, Stringray, Raptor, InOne, Drytech™, Lightmate®, Skyline and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Denmark, Finland, United Kingdom, The Netherlands, Italy, Estonia, Latvia, Lithuania, Germany, Austria, China, New Zealand, Australia, the US and Canada. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visit .

Attachment



EN
22/02/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Hexatronic Group AB

Hexatronic Group AB: 2 directors

A director at Hexatronic Group AB bought 25,000 shares at 18.796SEK and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...

 PRESS RELEASE

Hexatronic Group AB (publ) announces an increase in number of shares a...

Hexatronic Group AB (publ) announces an increase in number of shares and votes Hexatronic Group AB (publ) 556168-6360 Press Release May 31, 2022 Hexatronic Group AB (publ) announces an increase in number of shares and votes The number of shares and votes in Hexatronic Group AB (publ) (“Hexatronic”) have increased as a result of AGM’s decision to issue 70,000 series C shares to secure future delivery of performance shares and social costs connected to the incentive program LTIP 2022. Through the issue resolution above, which the Swedish companies Registration Office registered during May...

 PRESS RELEASE

Hexatronic Group AB (publ) meddelar ökning av antalet aktier och röste...

Hexatronic Group AB (publ) meddelar ökning av antalet aktier och röster Hexatronic Group AB (publ) 556168-6360 Pressmeddelande 31 maj 2022 Hexatronic Group AB (publ) meddelar ökning av antalet aktier och rösterAntal aktier och röster i Hexatronic Group AB (publ) (”Hexatronic”) har ökat till följd av årsstämmans beslut att emittera 70 000 aktier av serie C för att säkra framtida leverans av prestationsaktier och kostnader för eventuella sociala avgifter under LTIP 2022. Genom emissionsbeslutet ovan, som Bolagsverket registrerade under maj månad, ökade antal aktier med 70 000 och antal rös...

 PRESS RELEASE

Hexatronic Group AB (publ) executes share split and decides on record ...

Hexatronic Group AB (publ) executes share split and decides on record date Hexatronic Group AB (publ) 556168-6360Press release 30 May 2022 Hexatronic Group AB (publ) executes share split and decides on record date At the Annual General Meeting of Hexatronic Group AB (publ) (the “Company”) held on 5 May 2022 it was resolved on a share split of the Company’s shares whereupon each share is divided into five shares (share split 5:1) of the same series. The Board of Directors has now decided that the record date for the share split will be 3 June 2022. Last day of trading in the Company’s sh...

 PRESS RELEASE

Hexatronic Group AB (publ) genomför aktiesplit och fastställer avstämn...

Hexatronic Group AB (publ) genomför aktiesplit och fastställer avstämningsdag Hexatronic Group AB (publ) 556168-6360Pressmeddelande 30 maj 2022 Hexatronic Group AB (publ) genomför aktiesplit och fastställer avstämningsdag Vid årsstämman den 5 maj 2022 i Hexatronic Group AB (publ) (”Bolaget”) beslutades om en uppdelning av Bolagets aktier (s.k. aktiesplit) innebärandes att varje aktie delas upp på fem aktier (aktiesplit 5:1) av samma serie. Styrelsen har nu beslutat att avstämningsdag för genomförande av aktiespliten ska vara den 3 juni 2022. Sista dag för handel i Bolagets aktier före u...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch