Conversion of shares
According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
In July, at the request of shareholders 1,662 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,257,960,198.
The total number of registered shares in the company amounts to 702,342,489 of which 61,735,301 are Class A shares and 640,607,188 are Class B shares.
NB: This information is such that Essity must disclose in accordance with the Financial Instruments Trading Act. The information was submitted for publication on July 31, 2020, at 08:00 CET.
For further information, please contact:
Karl Stoltz, Media Relations Manager, +46 8 788 51 55
Essity is a leading global hygiene and health company. We are dedicated to improving well-being through our products and services. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 46,000 employees. Net sales in 2019 amounted to approximately SEK 129bn (EUR 12.2bn). The company’s headquarters is located in Stockholm, Sweden, and Essity is listed on Nasdaq Stockholm. Essity breaks barriers to well-being and contributes to a healthy, sustainable and circular society. More information at www.essity.com.