According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares.
STOCKHOLM, Nov. 30, 2018 /PRNewswire/ -- According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
In November, at the request of shareholders 90,000 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,278,277,806.
The total number of registered shares in the company amounts to 702,342,489 of which 63,992,813 are Class A shares and 638,349,676 are Class B shares.
NB: This information is such that Essity must disclose in accordance with the Financial Instruments Trading Act. The information was submitted for publication on November 30, 2018, at 08:00 CET.
For further information, please contact:
Karl Stoltz,
Media Relations Manager,
+46-8-788-51-55
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The following files are available for download:
http://mb.cision.com/Main/15798/2684392/953322.pdf
Conversion of shares
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SOURCE Essity
Company Codes: Berlin:ESW, OTC-PINK:ESSYY, Berlin:ESWB, Bloomberg:ESSITYB@SS, ISIN:SE0009922164, LSE:0RQC, LSE:0RQD, OTC-PINK:ETTYF, RICS:ESSITYB.ST, Stockholm:ESSITYA, Stockholm:ESSITYB, Frankfurt:ESW, Frankfurt:ESWB, Munich:ESW, Munich:ESWB, Stuttgart:ESW, Stuttgart:ESWB