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    KINV B   SE0015810247

KINNEVIK AB

(KINV B)
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Kinnevik : Decreased number of shares and votes in Kinnevik

06/30/2021 | 02:00am EDT

Kinnevik AB (publ) ("Kinnevik") today announced that as of 30 June 2021 the total number of shares in the company amounts to 278,121,044, and the total number of votes in the company amounts to 581,919,932.

The Annual General Meeting of Kinnevik on 29 April 2021 resolved to distribute Kinnevik's shareholding in Zalando to its shareholders through a share redemption plan. The share redemption plan involved a share split (2:1) whereby each existing share in the company was split into two new shares, whereof one was a so-called redemption share. As a result of the share split, the number of shares in Kinnevik was temporarily increased by 278,121,044 shares during May 2021. Please refer to the press release regarding the temporary increase of shares and votes in Kinnevik from 31 May 2021. The 278,121,044 redemption shares were redeemed by Kinnevik during June 2021 as part of the share redemption plan. As a result, the number of shares in Kinnevik amounts to 278,121,044, the same number of shares as prior to the share split.

As of 30 June 2021, the total number of shares in Kinnevik are divided into two classes of ordinary shares and eleven classes of incentive shares as follows:

  • 33,755,432 ordinary shares of class A with ten votes each and 241,911,206 ordinary shares of class B with one vote each, and
  • 42,034 incentive shares of class D 2018, 100,172 incentive shares of class E 2018, 100,172 incentive shares of class F 2018, 297,258 incentive shares of class G 2018, 41,325 incentive shares of class D 2019, 116,325 incentive shares of class E 2019, 116,325 incentive shares of class F 2019, 421,995 incentive shares of class G 2019, 63,200 incentive shares of class C1 2020, 355,440 incentive shares of class C2 2020, and 800,160 incentive shares of class D 2020, with one vote each.

Further, as of 30 June 2021Kinnevik informs that it holds 6,875 incentive shares of class C1 2020, 34,860 incentive shares of class C2 2020 and 111,345 incentive shares of class D 2020 in treasury.

This information is of such character, which Kinnevik AB (publ) shall disclose in accordance with the Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument). The information was distributed for disclosure, through the agency of the contact person set out below, at 08:00 CEST on 30 June 2021.

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik’s ambition is to be Europe’s leading listed growth investor, and we back the best digital companies to make people’ lives better and deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthtech, consumer services, foodtech and fintech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe, with a focus on the Nordics, and in the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

Attachment

  • Press release pdf

© OMX, source GlobeNewswire - EU Press Releases

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Kinnevik AB Technical Analysis Chart | KINV B | SE0015810247 | MarketScreener
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Erika Johanna Söderberg Johnson Chief Financial Officer
James Kennedy Anderson Chairman
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