Share split in Avanza Bank Holding AB (publ)
The Annual General Meeting of Avanza Bank Holding AB (publ) on 19 March 2019 approved a share split, whereby each (1) existing share will be divided into five (5) shares. The Board of Directors was authorised to determine the record date.
The Board of Directors has decided that the record date for the share split in Avanza Bank Holding AB will be 16 April 2019. The last day for trading in Avanza’s shares before the split is 12 April 2019. The first day for trading in Avanza’s shares after the split is 15 April 2019. This means that the share price as of 15 April 2019 will reflect the effect of the share split.
The split increases the total number of shares in the company from 30,272,996 to 151,364,980. Due to the split, the Avanza share will change ISIN code as of 15 April 2019. The new ISIN code is SE0012454072.
The share split will be done automatically through Euroclear Sweden AB. Shareholders do not have to take any action.
“This is information that Avanza Bank Holding AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 13:00 CET on 26 March 2019."
For further information, please contact:
Rikard Josefson, CEO Avanza, +46 70-206 69 55, firstname.lastname@example.org
Sofia Svavar, Head of Investor Relations, +46 8 409 420 17, email@example.com
Avanza is a digital platform for savings and investments, founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s customer promise is a better return on your savings than with any other bank or pension provider in Sweden. Services include saving in shares, funds, savings accounts, mortgages and a strong pension offering. Avanza has more than 850,000 customers with over SEK 300 billion in total savings capital. This is equivalent to 3.8 per cent of the Swedish savings market. Avanza is largest in terms of number of transactions among Swedish banks on the Stockholm Stock Exchange including First North. During the last nine years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: investors.avanza.se/en