Friday, May 02, 2008
Change in number of shares in IFS
In accordance with the transparency legislation that came into force on July 1, 2007, the information below shows the number of shares and the number of votes in Industrial and Financials Systems, IFS AB (publ.). During April, the number of shares and the number of votes in IFS changed as a result of a new share issue and a reverse share split.
Change resulting Amount after share issue Amount after reverse split
from share issue and before reverse split
March 31, 2008 April 30, 2008
Series A shares 13,916,638 2 13 916 640 1 391 664
Series B shares 249,556,984 6 055606 255,612,590 25,561,259
Total 263,473,622 6,055,608 269,529,230 26,952,923
No. of votes 38,872 336 605,563 39,477,899 3,947,790
About IFS and IFS Applications
IFS (OMX STO: IFS), the global enterprise applications company, provides ERP solutions which enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage. Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications™, now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages.IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; manufacturing; process industries; construction, contracting & service management; retail & wholesale distribution, and utilities & telecom. IFS Applications provide extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities.