Thursday, February 28, 2013
Change in the total number of shares and votes in IFS
During February 2013, A shares have been converted into B shares at the request of shareholders. The total number of shares and 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 entitles the holder to 1.0 vote per share and each B share entitles the holder to 0.1 votes per share. The conversion of A shares into B shares results in a change in the total number of votes in the company.
On January 31, 2013, the total number of shares in the company amounted to 25,380,922, of which 1,368,913 were A shares and 24,012,009 were B shares. The total number of votes in the company amounted to 3,770,113.9.
During February 2013, 72,800 A shares were converted at the request of shareholders into B shares. This has resulted in a decrease in the total number of votes by 65,520.0.
On February 28, 2013, the total number of shares in the company amounted to 25,380,922, of which 1,296,113 were A shares and 24,084,809 were B shares. The total number of votes in the company amounted to 3,704,593.9.
On February 28, 2013, IFS held 609,092 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. 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 2,000 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 February 28, 2013 at 6:00 p.m. (CET).