Verdere consolidates its controlling interest in Kinnevik

10 May 2013, 11:19 AM

Investment AB Kinnevik ("Kinnevik") today announced that it has been informed that its largest shareholder, Verdere Sàrl, has acquired an additional 5.2 million class A shares in Kinnevik.

For further information, please see enclosed press release issued by Verdere Sàrl.

 

For further information, visit www.kinnevik.se or contact:

Torun Litzén, Director Investor Relations+46 (0)8 562 000 83
 +46 (0)70 762 00 83


Kinnevik was founded in 1936 and thus embodies more than seventy-five years of entrepreneurship under the same group of principal owners. Kinnevik's objective is to increase shareholder value, primarily through net asset value growth. The company's holdings of growth companies are focused around the following comprehensive business sectors; Telecom & Financial Services, Online, Media, and Industry and other investments. Kinnevik has a long history of investing in emerging markets which has resulted in a considerable exposure to consumer sectors in these markets. Kinnevik plays an active role on the Boards of its holdings.

Kinnevik's class A and class B shares are listed on the NASDAQ OMX Stockholm's list for large cap companies, within the financial and real estate sector. The ticker codes are KINV A and KINV B.