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Sandviken [Sweden], September 3 (ANI/PRNewswire): The shares of Alleima, a global manufacturer of advanced stainless steels, special alloys and heating systems for the most demanding industries, commence trading on Nasdaq Stockholm. This marks the start of Alleima as a fully independent company after being part of Sandvik. The name Alleima is a combination of the words "alloy" and "material" - two core strengths of the company. "This is a historic day for our company and an important step to build for the future. We are the result of nearly 160 years of collective minds, working together with our customers. Today Alleima is a world leader in its fields and a strong performer in its industry. As a standalone company, Alleima will have the right prerequisites to realize its full potential and the best possible conditions for growth and value creation. I want to thank all our employees for the great work and the quality we deliver and our customers for their trust

Goran bjorkmanSandvik materials technologyAnnual general meetingNasdaq stockholmSandviken swedenEptember 3 ani prnewswire the shares of alleimaA global manufacturer of advanced stainless steelsPecial alloys and heating systems for the most demanding industriesOmmence trading on nasdaq stockholm this marks the start of alleima asa fully independent company after being part sandvik name isa combination words quot alloy and material two core strengths historic day for our an important step to build future we are result nearly 160 years collective mindsOrking together with our customers today alleima isa world leader in its fields anda strong performer industry asa standalone companyLleima will have the right prerequisites to realize its full potential and best possible conditions for growth value creationi want thank all our employees great work quality we deliver customers their trust advancements achieve together even though name is newE will not forget our origins we continue to offer the same advanced high quality products and services with expertise solutions that customers are used quot says goran bjorkmanResident and ceo of alleima the annual general meeting sandvik ab decided on april 27O distribute all shares of alleima ab to the shareholders sandvik as per record date august 29Ave received one share in alleima for every five shares held sandvik the prospectus is available on websiteOme sandvik