Investment AB Kinnevik (publ) ("Kinnevik") today announced that the number of shares amounts to 277,768,190, of which 48,665,324 are class A shares with ten votes each, and 229,102,866 are class B shares with one vote each, of which 449,892 are class B treasury shares. The total number of votes in the company amounts to 715,756,106 (715,306,214, excluding the 449,892 class B treasury shares which may not be represented at general meetings).
In June the number of shares and votes in Kinnevik has increased by 185,000. The reason for the change is that the Board, making use of the authorisation by the 2013 Annual General Meeting, resolved on a new issue of class C shares. The Board has also resolved to convert all 449,582 class C treasury shares into class B shares, in accordance with the provision in the Articles of Association regarding conversion of C-shares. The new issue and conversion were made in order to ensure future delivery of class B shares to participants in Kinnevik's performance based incentive programs.
The information is of such character, which Kinnevik shall disclose in accordance with the law on Trading with Financial Instruments (1991:980). The information was distributed for disclosure at 8.00 a.m. on 28 June, 2013.
For further information, visit www.kinnevik.se or contact:
|Torun Litzén, Director, Investor Relations||Phone +46 (0)8 562 000 83|
|Mobile +46 (0)70 762 00 83|
Investment AB Kinnevik was founded in 1936 and thus embodies 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 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.
The Kinnevik's class A and class B shares are admitted to trading 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.