Wednesday, February 29, 2012
Change in the total number of shares and votes in IFS
During February 2012, warrants originating from the warrants program established during 2009 have been exercised. The total number of shares and votes in the company has thus changed.
During 2009, IFS established an incentive program offering senior executives and key personnel the opportunity to subscribe, on market terms, for warrants in the company. The warrants entitle the holder to acquire B shares. The exercise of warrants in this program results in a change in the total number of shares and votes in the company.
On January 31, 2012, the total number of shares in the company amounted to 25,979,922, of which 1,375,008 were A shares and 24,604,914 were B shares. The total number of votes in the company amounted to 3,835,499.4.
During February 2012, the exercise of warrants originating from the warrants program established during 2009 has resulted in an increase in the number of B shares by 1,000 and an increase in the total number of votes by 100.0.
On February 29, 2012, the total number of shares in the company amounted to 25,980,922, of which 1,375,008 were A shares and 24,605,914 were B shares. The total number of votes in the company amounted to 3,835,599.4.
On February 29, 2012, IFS held 755,568 B shares in own custody, which were repurchased during 2011 and 2012.
IFS is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion.
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 29, 2012 at 6:00 p.m. (CET).