Friday, June 28, 2013
Change in the number of votes in IFS
During June 2013, 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 entitles the holder to 1.0 vote per share and each B share entitles the holder to 0.1 vote per share. The conversion of A shares into B shares results in a change in the total number of votes in the company.
On May 31, 2013, the total number of shares in the company amounted to 25,380,922, of which 1,291,832 were A shares and 24,089,090 were B shares. The total number of votes in the company amounted to 3,700,741.0.
During June 2013, 2,000 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 1,800.0.
On June 28, 2013, the total number of shares in the company amounted to 25,380,922, of which 1,289,832 were A shares and 24,091,090 were B shares. The total number of votes in the company amounted to 3,698,941.0.
On June 28, 2013, IFS held 609,092 B shares in own custody, which were repurchased during 2011 and 2012. Pursuant to a decision adopted at the annual general meeting held on March 26, 2013, a process is pending pertaining to the reduction of the share capital by 8,181,840 Swedish kronor, equivalent to 409,092 B shares.
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.
More information on IFS is available at www.IFSWORLD.com
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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 June 28, 2013 at 6:00 p.m. (CEST).
IFS, Box 1545, SE-581 15 Linköping, Sweden – Phone: +46 13 460 40 00 – Fax: +46 13 460 40 01
Industrial and Financial Systems, IFS AB (publ) is a limited liability company registered in Sweden.
Corporate identity number: 556122-0996. Registered office: Teknikringen 5, SE-583 30 Linköping.