At Lifco’s Annual General Meeting on 23 April 2021 it was resolved, in accordance with the Board of Directors’ proposal, on a split of the company’s existing 90,843,260 shares, so that each existing share is split into five new shares of the same share class (split 5:1). The Board was authorised to determine the record date for the share split.
The Board of Directors’ has now determined that the record date for the share split will be Friday 7 May 2021, which means that the last day of trading in the share prior to the split is Wednesday 5 May 2021. The first day of trading with the split shares is Thursday 6 May 2021.
The split will be carried out automatically through Euroclear Sweden AB and shareholders do not need to take any action.
In connection with the split, the company’s shares have received new ISIN-numbers as set out below:
Class A shares: SE0015949193
Class B shares: SE0015949201
After completion of the share split, the total number of shares in the company will amount to 454,216,300 shares, of which 30,379,850 class A shares and 423,836,450 class B 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 28 April 2021 at 08.00 a.m. CEST.