Stockholm – Today, Bravida Holding AB (BRAV) announces a change in the company’s number of votes as a result of the Board of Directors resolving to convert C-shares into ordinary shares for delivery to participants in its incentive program.
In connection to the listing on Nasdaq Stockholm in 2015, approximately 250 employees were offered to participate in a long-term incentive plan ("LTIP 2015"). The program durated until the end of 2017 and allotment was made after the release of the first quarterly report for 2018. As a step in the allotment process, the Board of Directors of Bravida has resolved to convert 600,000 C-shares to ordinary shares. Of these, 566,768 shares have been transferred to LTIP 2015 participants and the remaining shares are held by the company.
The number of registered ordinary shares and votes in the company has therefore increased during the current month.
On 3 May 2018, the number of outstanding shares in Bravida Holding AB (publ) amounts to 203,316,598 shares, of which 202,166,598 are ordinary shares with one vote each and 1,150,000 are C shares with 1/10 vote each. The total number of votes in the company amounts to 202,281,598.
The information is of such character, which Bravida Holding AB (publ) shall disclose in accordance with the Swedish law on Trading with Financial Instruments (1991:980). The information was distributed for disclosure on 29 June 2018 at 07:30 CET.
For further information, please contact:
Nils-Johan Andersson, CFO Bravida. Phone: +46 70 668 50 75