Hexagon: Norwegian Authorities Will Release Ola Rollén from Detainment

NACKA STRAND, Sweden — (BUSINESS WIRE) — November 3, 2016 — Regulatory News:

Hexagon (STO: HEXAB)

Today, the Norwegian Economic Crime Authority decided not to file for an extension of Ola Rollén’s detainment relating to allegations around personal investments in a Norwegian company. He is set to be released at the latest Saturday, 5 November. The legal investigation will continue but Ola Rollén firmly denies the accusations.

“I remain fully supportive of Ola,” said Melker Schörling, Hexagon’s Chairman of the Board. “As I’ve stated before, during 16 years of good cooperation I have never had reason to doubt his judgement.”

Ola Rollén will resume his duties as President and CEO as soon as possible. In the coming days, Hexagon will announce a date and time when he will address stakeholders.

Hexagon is a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications. Hexagon's solutions integrate sensors, software, domain knowledge and customer workflows into intelligent information ecosystems that deliver actionable information. They are used in a broad range of vital industries. Hexagon (Nasdaq Stockholm: HEXA B) has more than 16,000 employees in 46 countries and net sales of approximately 3.0bn EUR. Learn more at hexagon.com ( http://www.hexagon.com/) and follow us @HexagonAB.

This information was brought to you by Cision http://news.cision.com



Contact:

Hexagon AB
Johnny Andersson
General Counsel
+46 8 601 26 27
or
aria Luthström
Investor Relations Manager
+46 8 601 26 27
Email Contact




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