Friday, February 28, 2014
Change in the number of votes in IFS
During February 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 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.
During February 2014, 103,440 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 93,096.0.
On February 28, 2014, the total number of shares in the company amounted to 24,971,830, of which 1,157,005 were A shares and 23,814,825 were B shares. The total number of votes in the company amounted to 3,538,487.5.
On February 28, 2014, IFS held 200,000 B shares in own custody.
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 2,200 customers and is present in approximately 60 countries with 2,600 employees in total. Net revenue in 2013 was SKr 2.7 billion.
More information on IFS is available at
Follow us on Twitter: @ifsworld
Visit the IFS Blogs on technology, innovation and creativity: http://blogs.ifsworld.com/
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 February 28, 2014 at 6:00 p.m. (CET).