Kinnevik AB (publ) ("Kinnevik") today announced that as of 29 June 2018 the total number of shares in the company amounts to 275,666,638, divided into 33,755,432 class A shares with ten votes each and 241,911,206 class B shares with one vote each, of which 536,469 are held in treasury. The total number of votes in the company amounts to 579,465,526.
On 21 May 2018, the Annual General Meeting of Kinnevik resolved that holders of class A shares should be entitled to reclassify their class A shares into class B shares. Reclassification was made possible between 4 June 2018 up to and including 18 June 2018. During this period, 7,401,712 class A shares were requested to be reclassified into class B shares. This conversion of shares was registered at the Swedish Company Registration Office in June.
This information is of such character, which Kinnevik AB (publ) shall disclose in accordance with the Financial Instruments Trading Act (1991:980). The information was distributed for disclosure, through the agency of the contact person set out below, at 08.00 CET on 29 June 2018.
For further information, visit www.kinnevik.com or contact:
Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to build digital businesses that provide more and better choice. We do this by working in partnership with talented founders and management teams to create, develop and invest in fast growing businesses in developed and emerging markets. We believe in delivering both shareholder and social value by building companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large cap companies under the ticker codes KINV A and KINV B.