During the month of May Lifco has completed the share split resolved by the Annual General Meeting on 23 April 2021. After the split of the shares, each existing share has been split into five new shares of the same share class (split 5:1). On 31 May 2021 the total number of shares in Lifco is 454,216,300 shares, of which 30,379,850 class A shares and 423,836,450 class B shares. The class A shares represent 303,798,500 votes and the class B shares represent 423,836,450 votes, in total 727,634,950 votes. The share capital is unchanged and amounts to SEK 18,168,652.
Lifco holds no treasury shares.
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Lifco offers a safe haven for small and medium-sized businesses. Lifco's business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy centred on long-term growth, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At year-end 2020, the Lifco Group consisted of 175 operating companies in 31 countries. In 2020, Lifco reported EBITA of SEK 2,702 million on net sales of SEK 13.8 billion. The EBITA margin was 19.6 per cent. Read more at www.lifco.se.
This is information that Lifco AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out above, on 31 May 2021 at 14.00 p.m. CEST.
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