MilDef Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

OM:MILDEF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 May 25	BuySEK 23,256	Charlotte Darth	Individual	102	SEK 228.00
02 May 25	SellSEK 39,032,640	Jan Andersson	Individual	150,000	SEK 260.22
12 Mar 25	SellSEK 2,109,000	Olof Engvall	Individual	9,500	SEK 222.00
12 Mar 25	SellSEK 33,319,705	Fredrik Persson	Individual	149,600	SEK 222.73
18 Dec 24	SellSEK 1,170,000	Olof Engvall	Individual	10,000	SEK 117.00

Insider Trading Volume

Insider Buying: MILDEF insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of MILDEF?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	0	0%
Public Companies	2,349,060	4.99%
Individual Insiders	6,473,401	13.7%
Institutions	15,655,477	33.2%
General Public	22,636,957	48%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.2%.

Top Shareholders

Top 25 shareholders own 51.12% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.12%	Marianne Trolle	2,412,752	SEK 408.7m	0%	no data
5%	Swedbank Robur Fonder AB	2,353,592	SEK 398.7m	135%	0.02%
4.99%	Mildef Crete Inc.	2,349,060	SEK 397.9m	-19.4%	no data
4.88%	Andra AP-fonden	2,299,755	SEK 389.6m	-13.4%	0.5%
4.79%	Svolder AB (publ)	2,257,128	SEK 382.4m	-54.2%	7.27%
3.53%	Carnegie Fonder AB	1,664,115	SEK 281.9m	0%	0.25%
2.81%	Tredje AP-fonden	1,322,626	SEK 224.1m	0%	0.1%
2.26%	Deka Investment GmbH	1,064,700	SEK 180.4m	0%	0.02%
2.12%	Daniel Ljunggren	1,000,000	SEK 169.4m	-37.2%	no data
2.09%	Adam Mentel	982,421	SEK 166.4m	0%	no data
1.89%	Bjorn Karlsson	890,821	SEK 150.9m	0%	no data
1.45%	Fondita Rahastoyhtio AB	683,887	SEK 115.9m	0%	2.33%
1.42%	Chelverton Asset Management Limited	670,000	SEK 113.5m	0%	1.0%
1.06%	Jan Andersson	500,000	SEK 84.7m	-23.1%	no data
1.02%	GWL Investment Management Ltd.	482,236	SEK 81.7m	262%	0.01%
0.97%	Ålandsbanken Fondbolag AB	458,419	SEK 77.7m	0%	0.29%
0.95%	BlackRock, Inc.	447,045	SEK 75.7m	0%	no data
0.85%	Fredrik Jacobsson	400,000	SEK 67.8m	-41.6%	no data
0.83%	Oberweis Asset Management, Inc.	390,800	SEK 66.2m	0%	0.23%
0.68%	Skandia Fonder AB	321,779	SEK 54.5m	0%	0.05%
0.66%	J.Chahine Advisory SA	311,805	SEK 52.8m	0%	1.23%
0.6%	Joh. Berenberg, Gossler & Co. KG, Asset Management Arm	284,680	SEK 48.2m	0%	0.2%
0.53%	Fredrik Persson	249,600	SEK 42.3m	-50%	no data
0.33%	Hermes Investment Management Limited	156,715	SEK 26.5m	17.5%	0.02%
0.28%	FCG Fonder AB	133,509	SEK 22.6m	0%	0.23%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/08/03 06:16
End of Day Share Price	2025/08/01 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MilDef Group AB (publ) is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Lindkvist	Danske Bank
Hugo Lisjo	DNB Carnegie Commissioned Research
Tom Guinchard	Pareto Securities