BRAVIDA: CHANGE IN THE NUMBER OF VOTES IN BRAVIDA HOLDING AB
Stockholm – Today, Bravida Holding AB (BRAV) announces a change in the company’s number of votes as a result of the Board of Directors resolving to convert C-shares into ordinary shares for delivery to participants in its incentive program.
At the Annual General Meeting 2016, it was decided to introduce a long-term incentive program for senior executives and other key employees within the Bravida Group ("LTIP 2016"). As of April 30, 2019, a total of 107 senior executives and other key personnel were entitled to shares according to LTIP 2016. Allotment under the program takes place after the first quarterly report for 2019 has been published. As part of the allotment Bravida's Board of Directors has decided to convert 458,892 C-shares into ordinary shares for further delivery to participants in LTIP 2016. The number of votes in the company has therefore increased during the current month, while the number of shares has remained unchanged.
As of April 30, 2019 the number of outstanding shares in Bravida Holding AB (publ) amounts to 203 316 598 shares, of which 202 625 490 are ordinary shares with one vote each and 691 108 are C-shares with 1/10 vote each. The total number of votes in the company amounts to 202 694 600,8.
The information is of such character, which Bravida Holding AB (publ) shall disclose in accordance with the Swedish law on Trading with Financial Instruments (1991:980). The information was distributed for disclosure on 30 April 2019 at 07:30 CET.
For further information, please contact:
Mattias Johansson, CEO and Group President, Bravida. Phone: +46 8 695 20 00
Bravida is the leading end-to-end service and installation provider in the Nordics, with over 11,000 employees. Bravida provides both specialist services and end-to-end solutions within electrical, heating and plumbing, HVAC, security, cooling, sprinklers, technical service management and power supply. Bravida is present in around 160 locations in Sweden, Norway, Denmark and Finland. www.bravida.se