Share of votes in Husqvarna exceeds 30 percent as a result of other owners converting class A-shares to class B-shares
Earlier today, Husqvarna announced that certain owners have requested a conversion of class A-shares into B-shares, thereby reducing the total number of votes in the company. As a direct consequence, Investor's share of the votes in Husqvarna has increased to 30.78 percent (from 29.51 percent). The share of capital owned by Investor remains unchanged at 15.73 percent.
As Investor's increased share of the votes is not the result of any active adjustment to its holding, exceeding 30 percent of the votes does not trigger a mandatory bid for the remaining shares in the company. Â
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Our press releases can be accessed at www.investorab.com on the Internet. Investor AB is a Nordic-based industrial holding company founded almost one hundred years ago by the Wallenberg family. Today we have investment activities in Europe, the United States and Asia. The business concept is to generate attractive long-term returns for our shareholders by owning and developing companies with solid potential for value creation. We are an engaged owner and apply experience, knowledge and a unique network to develop listed and unlisted companies to make them best-in-class.
For further information:
Magnus Dalhammar, Investor Relations Manager, Phone 46 8 614 2130, 46 73 524 2130
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