Share capital
Kinnevik AB's share capital is distributed among 281,602,031 shares with a quota value of SEK 0.10 per share. One Class A share entitles to 10 votes and one Class B and class C-D share entitles to 1 vote. All Class A and Class B shares provide equal rights to participation in Kinnevik's assets and earnings, and Class C-D shares provide rights to participation in Kinnevik’s assets and earnings, subject to certain performance conditions are fulfilled.
In 2023, shareholders Marie Klingspor, Wilhelm Klingspor and Amelie Klingspor entered into an agreement to take, through the coordinated exercise of voting rights, a common long-term view on the management of Kinnevik. To the knowledge of the Board, there are no other shareholders' agreements or similar agreements between shareholders in Kinnevik with the purpose of exercising joint influence over the Company.
Distribution per class of shares
| Number of shares | Number of votes | Total share capital (SEK 000's) | |
|---|---|---|---|
| Class A | 33,752,915 | 337,529,150 | 3,375 |
| Class B | 243,219,750 | 243,219,750 | 24,322 |
| Class C-D 2021 | 793,046 | 793,046 | 79 |
| Class C-D 2022 | 1,018,288 | 1,018,288 | 102 |
| Class C-D 2023 | 1,250,902 | 1,250,902 | 125 |
| Class C-D 2024 | 1,567,130 | 1,567,130 | 157 |
| Total | 281,602,031 | 585,378,266 | 28,160 |
Development of share capital
| Year | Event | Change in share capital (SEK) | Total share capital (SEK) | Change in number of shares | Total number of shares |
|---|---|---|---|---|---|
| 2016 | Share buyback program | -230,155 | 27,546,664 | -2,301,552 | 275,466,638 |
| 2018 | New issue of Class C shares | 20,000 | 27,566,664 | 200,000 | 275,666,638 |
| 2018 | New issue of reclassifiable subordinated incentive shares | 58,728 | 27,625,392 | 587,281 | 276,253,919 |
| 2019 | New issue of reclassifiable subordinated incentive shares | 69,756 | 27,695,147 | 697,560 | 276,951,479 |
| 2019 | Redemption of 2018 and 2019 reclassifiable subordinated incentive shares | -4,923 | 27,690,224 | -49,235 | 276,902,244 |
| 2020 | New issue of reclassifiable subordinated incentive shares | 121,880 | 27,812,104 | 1,218,800 | 278,121,044 |
| 2021 | Redemtion of 2018, 2019 and 2020 reclassifiable subordinated incentive shares | -27,737 | 27,784,366 | -277,379 | 277,843,665 |
| 2021 | New issue of reclassifiable subordinated incentive shares | 85,355 | 27,869,721 | 853,550 | 278,697,215 |
| 2022 | New issue of 264,532 Class X shares and reclassification to ordinary Class B shares | 26,453 | 27,896,175 | 264,532 | 278,961,747 |
| 2022 | New issue of reclassifiable subordinated incentive shares | 121,245 | 28,017,420 | 1,212,450 | 280,174,197 |
| 2022 | Redemption of 2021 reclassifiable subordinated incentive shares | -1,995 | 28,015,425 | -19,950 | 280,154,247 |
| 2023 | Redemption of 2018, 2020, 2021 and 2022 reclassifiable subordinated incentive shares | -44,605 | 27,970,820 | -446,048 | 279,708,199 |
| 2023 | New issue of 177,703 Class X shares and reclassification to ordinary Class B shares | 17,770 | 27,988,590 | 177,703 | 279,885,902 |
| 2023 | New issue of reclassifiable subordinated incentive shares | 201,022 | 28,189,612 | 2,010,222 | 281,896,124 |
| 2024 | Redemption of 2019, 2021, 2022 and 2023 reclassifiable subordinated incentive shares | -71,831 | 28,117,781 | -718,314 | 281,177,810 |
| 2024 | New issue of reclassifiable subordinated incentive shares | 267,11 | 28,384,892 | 2,671,110 | 283,848,920 |
| 2024 | Redemption of 2022, 2023, and 2024 reclassifiable subordinated incentive shares | -25,860 | 28,359,032 | -258,600 | 283,590,320 |
| 2024 | Redemption of 2022, 2023, and 2024 reclassifiable subordinated incentive shares | -29,672 | 28,329,360 | -296,724 | 283,293,596 |
| 2025 | Redemption of 2020, 2023, and 2024 reclassifiable subordinated incentive shares | -152,190 | 28,177,170 | -1,521,895 | 281,771,701 |
| 2025 | Redemption of 2023 and 2024 reclassifiable subordinated incentive shares | -16,967 | 28,160,203 | -169,670 | 281,602,031 |
