Tuesday, November 30, 2010

Change in the total number of shares and votes in the company

During November 2010, the warrants program established during 2009 has been partially 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 shares of series B. The exercise of warrants in this program results in a change in the total number of shares and votes in the company.

On October 31, 2010, the total number of shares in the company amounted to 26,441,922, of which 1,390,470 were shares of series A and 25,051,452 shares of series B. The total number of votes in the company amounted to 3,895,615.2.

During November 2010, partial exercise of the warrants program established during 2009 has resulted in an increase in the number of shares of series B by 1,000 and an increase in the total number of votes by 100.0.

On November 30, 2010, the total number of shares in the company amounted to 26,442,922, of which 1,390,470 were shares of series A and 25,052,452 shares of series B. The total number of votes in the company amounted to 3,895,715.2.

About IFS

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 2,700 employees in total. Net revenue in 2009 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 November 30, 2010 at 7:00 p.m. (CET).

Contact Information

Head of IR Frédéric Guigues

Phone: +46 8 58 78 45 00

Contact Frédéric Guigues