Friday, 28 December 2012 12:30

SCA reports conversion of shares

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sharesAccording to SCA'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 the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.

In December, at the request of shareholders 653,435 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,544,613,327.

The total number of registered shares in the company amounts to 705,110,094 of which 93,278,137 are Class A shares and 611,831,957 are Class B shares.

Read 3740 times Last modified on Friday, 28 December 2012 10:47