Friday, January 31, 2014
Change in the number of votes in IFS
During January 2014, A shares have been converted into B shares at the request of shareholders. The total number of votes in the company has thus changed.
The articles of association of IFS AB entitle owners of A shares to request the conversion of A shares into B shares. Each A share confers 1.0 vote and each B share confers 0.1 vote. The conversion of A shares into B shares thus results in a change in the number of votes in the company.
On December 31, 2013, the total number of shares in the company amounted to 24,971,830, of which 1,262,445 were A shares and 23,709,385 were B shares. The total number of votes in the company amounted to 3,633,383.5.
During January 2014, 2,000 A shares were converted into B shares at the request of shareholders. This has resulted in a decrease in the total number of votes by 1,800.0.
On January 31, 2014, the total number of shares in the company amounted to 24,971,830, of which 1,260,445 were A shares and 23,711,385 were B shares. The total number of votes in the company amounted to 3,631,583.5.
On January 31, 2014, IFS held 200,000 B shares in own custody.
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IFS™is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications>™, a component-based extended ERP suite. IFS focuses on industries where management of any of the following four core processes is strategic: service & asset, manufacturing, supply chain, and projects. The company has 2,100 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2012 was SKr 2.7 billion.
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IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528).
The information was submitted for publication on January 31, 2014 at 6:00 p.m. (CET).