STOCKHOLM, Sweden, Dec 30, 2016 /PRNewswire/ --
According to Husqvarna AB´s 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 Husqvarna AB. When such a conversion has occurred, the company is obligated by the Act on Trading in Financial Instruments to disclose any such change.
In December 2016, at the request of shareholders, 300,022 Class A shares was converted to Class B shares. The total number of votes thereafter amounts to 159,688,895.9.
The total number of registered shares in the company amounts to 576,343,778 shares of which 113,393,909 are Class A shares and 462,949,869 are Class B shares.
This information is such that Husqvarna AB must disclose in accordance with the Financial Instruments Trading Act. The information was submitted for publication on December 30, 2016, at 13:00 CET.
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Convesrion of shares Husqvarna Group 20161230
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SOURCE Husqvarna AB