According to SCA's (STO:SCAA)(STO:SCAB)(NASDAQ:SVCBY) articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
In March, at the request of shareholders, 877,954 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,624,478,985.
The total number of registered shares in the company amounts to 705,110,094, of which 102,152,099 are Class A shares and 602,957,995 are Class B shares.
The information provided herein is such that SCA is obligated to disclose pursuant to the Financial Instruments Trading Act (SFS 1991:980).
SCA is a global hygiene and paper company that develops and produces personal care products, tissue, packaging solutions, publication papers and solid-wood products. Sales are conducted in some 100 countries. SCA has many well-known brands, including the global brands Tena and Tork. Sales in 2009 amounted to SEK 111 billion (EUR 10.5 billion). SCA has approximately 50,000 employees. More information at www.sca.com
This information was brought to you by Cision http://www.cisionwire.com