New number of shares in Balco Group AB
In October, the number of shares and voting rights in respect of Balco Group AB has changed due to the redemption of all preference shares, alterations to the articles of association and issue of new shares (directed debt to equity swap of new shares) in conjunction with the initial public offering of Balco's on Nasdaq Stockholm Stock Exchange.
The number of shares and votes in Balco Group AB has increased by 10,139,984 shares in total. Following the increase, the total number of shares and votes in Balco is 21,428,773 shares and votes. Following the increase, the share capital amounts to SEK 128,577,684.7.
For further information please contact:
Cecilia Lannebo, Head of Investor Relations, Balco
email@example.com +46 722 208 277
This information is information that Balco Group AB is required to publish pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication by the above contact person on 31 October 2017 at 18:00 pm CET.
Balco is a growth company offering high quality, innovative, patented and energy-saving balcony solutions. The company’s customised products contribute to enhanced quality of life, security and an increase in value for residents of multi-family residential properties. Through a decentralized and efficient sales process, Balco has control over the entire value chain – from production to delivery. The company, which was founded in Växjö in 1987 and which has over 300 employees, is a market leader in the Nordic region, and operates on several markets in northern Europe. Sales in 2016 amounted to MSEK 802. Balco’s shares are listed on the Nasdaq Stockholm Stock Exchange.