Telecomunicazioni
Increase in the total number of shares and votes in Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) confirms that as per May 31, 2016, the company's share capital amounts to SEK 16,655,758,678 and the total number of shares is 3,331,151,735, of which 261,755,983 are shares of series A and 3,069,395,752 are shares of series B. The total number of votes is 568,695,558.2, of which the series A shares represent 261,755,983 votes and the series B shares represent 306,939,575.2 votes.
The increase in the number of shares and votes is caused by the company's recent issue of 26,100,000 shares of series C, which shares have subsequently been repurchased by the company and converted into shares of series B, by virtue of a conversion clause in the articles of association. This is in accordance with the resolution by the Annual General Meeting 2016 to expand the treasury stock as part of the financing of Ericsson's Long-Term Variable Remuneration Program (LTV) 2016. The company currently holds 69,331,486 shares as treasury stock.
NOTES TO EDITORS
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com
Ericsson discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on May 31, 2016, at 08.00 am.
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