The Board of Directors proposes a share split 10:1
The Board of Directors of HEXPOL AB (publ) proposes, with the purpose to facilitate the trade in the company’s listed shares at Nasdaq Stockholm, that the Annual General Meeting 2015 resolves on a share split as follows.
- To increase the number of shares in the company by dividing every share, regardless of share series, into ten (10) shares of the same series.
- To determine the record date for the share split to 19 May 2015.
The Board of Directors of HEXPOL AB (publ) also propose the Annual General Meeting to, with the purpose to adapt the limits of the number of shares, change the second and third paragraphs of section 4 in the articles of association to be able to do the share split.
For further information, please contact:
Karin Gunnarsson, CFO/IR
Tel: +46 (0)705 55 47 32
HEXPOL is a world-leading polymers group with strong global positions in advanced rubber compounds (Compounding), gaskets for plate heat exchangers (Gasket), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily OEM manufacturers of plate heat exchangers and trucks, global systems suppliers to the automotive and engineering industries, the energy sector and medical equipment manufacturers. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2014 amounted to 8,919 MSEK. The HEXPOL Group has approximately 3,900 employees in eleven countries. Further information is available at www.hexpol.com.
This press release consists of such information that HEXPOL AB (publ.) may be obliged to disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on December 19, 2014. This press release consists of such information that HEXPOL AB (publ) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on March 30, 2015.