Conversion of Class A shares in Momentum Group AB
In accordance with Momentum Group AB's Articles of Association, owners of Class A shares are entitled to request that their shares be converted to Class B shares. As a result of such conversion to Class B shares, the total number of voting rights in the Company is reduced. In connection with a conversion, the Company is obligated, pursuant to the Swedish Financial Instruments Trading Act (1991:980), to disclose details of the change in this manner.
At the request of shareholders, Momentum Group AB has converted 1,344 Class A shares to the corresponding number of Class B shares during August 2017.
After the conversion, the number of Class B shares amounts to 1,062,436 and the number of Class B shares to 27,202,980. The number of shares and votes in Momentum Group AB is shown in the following table:
|
Number of
Class A shares |
Number of
Class B shares |
Total number
of shares |
Total number
of votes | |
| Before conversion | 1,063,780 | 27,201,636 | 28,265,416 | 37,839,436 |
| After conversion | 1,062,436 | 27,202,980 | 28,265,416 | 37,827,340 |
Stockholm, 31 August 2017
Momentum Group AB (publ)
For further information, please contact:
Mats Karlqvist, Head of Investor Relations - Tel: +46 70 660 31 32
This information is such that Momentum Group AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 15:00 p.m. CET on 31 August 2017.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Momentum Group AB (publ) via GlobeNewswire
