On 22 February 2023, Renewcell's CEO Patrik Lundström sold 364,705 shares in Renewcell at a price of 85 SEK per share via his wholly owned company PEEL AB. The sale was made to enable PEEL AB to repay loans taken out mainly to purchase shares in Renewcell.

In compliance with applicable rules, the transaction has been reported to the Swedish Financial Supervisory Authority’s PDMR Transactions Register. Following the transaction, Patrik Lundström holds, privately and through a company, 449,504 shares and 730,055 options in Renewcell.