Conversion of B-shares to A-shares in Ericsson
Shareholders in Ericsson have in the second conversion round tendered 291,141,778 B-shares for conversion to the same number of A-shares. As a result of the second conversion round, the total number of shares in Ericsson is now 1,212,880,252 A-shares and 14,919,378,426 B-shares. A total of 556,661,612 B-shares have so far been converted to A-shares, which means that 84.83 percent of the total number of conversion rights have been exercised. The A-shares are now representing 44.8 percent of the voting rights and the B-shares 55.2 percent of the voting rights.
Only those shareholders in Ericsson that hold conversion rights, either due to their holding of A-shares or due to purchase of conversion rights, are entitled to exercise conversion rights for conversion of B-shares to A-shares. The closing date for applications for conversion is December 10, 2004. The application shall be made on a separate application form. After the expiry of the application period the conversion rights will become void and therefore have no value.
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