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, 557,000 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,246,059,363.
The total number of registered shares in the company amounts to 702,342,489 of which 60,412,986 are Class A shares and 641,929,503 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, 2024, at 08:00 CET.
For further information, please contact:
Karl Stoltz, Media Relations Director, +46 709 42 63 88, karl.stoltz@essity.com
Essity is a global, leading hygiene and health company. Every day, our products, solutions and services are used by a billion people around the world. Our purpose is to break barriers to well-being for the benefit of consumers, patients, caregivers, customers and society. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands such as Actimove, Cutimed, JOBST, Knix, Leukoplast, Libero, Libresse, Lotus, Modibodi, Nosotras, Saba, Tempo, TOM Organic and Zewa. In 2023, Essity had net sales of approximately SEK 147bn (EUR 13bn) and employed 36,000 people. The company’s headquarters is located in Stockholm, Sweden and Essity is listed on Nasdaq Stockholm. More information at essity.com.