Voting rights issue in Ericsson
Voting rights issue in Ericsson
The following information is being provided in connection with today's
press release from Ericsson about reducing the differences in voting
rights carried by class A-shares and class B-shares in Ericsson from
1000:1 to 10:1, and the issue of conversion rights:
The Board of Directors of Investor AB proposes to its Annual General
Meeting on March 23 that it decides that Investor, as an owner of class
A-shares and class B-shares in Ericsson, shall approve the proposal
presented today, to change the voting rights carried by Ericsson's class
B-shares, at a shareholders' meeting in Ericsson.
In a statement, Investor Chairman Claes Dahlbäck said: "We're pleased
that the Work Group has now come up with a proposal for the voting
rights issue. We share Ericsson's view that this is positive for the
company and its shareholders."
For further information:
Fredrik Lindgren, Vice President, Corporate Communications:
+46 8 614 20 31, +46 735 24 20 31
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