TC TECH Sweden AB (publ) (OM:TCT) announced private placement of 1,540,000 shares at a price of SEK 6.9 per share for gross proceeds of SEK 10,626,000 on October 15, 2020. The transaction included participation of three companies of Länsförsäkringar AB (publ) and legal and physical persons. The transaction has been approved by the board of directors of the company pursuant to authorization granted from the company’s annual general meeting on May 14, 2020.