Conversion of shares in Serneke Group
According to Serneke's articles of association, owners of series A shares have the right to request that the share be converted into series B shares. Through conversion, the total number of votes in the company is reduced. When such a transformation has taken place, the company has a legal obligation to publish information about the change in this way.
During November 2022, at the shareholder's request, all series A shares have been converted to series B.
The total number of shares (28,753,232 shares) is unchanged, but there are no longer any A shares in the company. A share of series A carries one (1) vote and a share of series B carries one tenth (0.1) of a vote. The total number of votes has thus decreased from 7,267,323 to 2,875,323.
For more information, please contact:
Johanna Rutberg, General Counsel Serneke Group AB
Tel: +46 31 712 97 00
Further information about Serneke Group AB is available at www.serneke.se
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STABLE IN A SHRINKING MARKET