Record date for the share split in K-Fast Holding AB resolved to 8 June 2021
At the Annual General Meeting of K-Fast Holding AB (publ) on 19 May 2021, it was decided, in accordance with the Board’s proposal, to divide the shares so that each existing share is divided into six shares of the same share class, so-called share split 6:1. The Board was authorized to determine the record date (Sw. avstämningsdag) for the share split.
The Board of Directors has resolved that the record date for the share split shall be Tuesday, 8 June 2021. This means that the last day for trading in the share before the split is Friday, 4 June 2021 and that the first day for trading in the divided shares is Monday, 7 June 2021.
The division is carried out automatically through Euroclear Sweden AB’s care and shareholders do not need to take any measures.
In connection with the division, the company’s shares will be assigned a new ISIN code.
Following the completed split, the total number of shares in the company will increase from 35,888,528 shares to 215,331,168 shares, divided into 22,500,000 Class A shares and 192,831,168 Class B shares.
For more information, please contact:
Anders Antonsson, IR Manager e-mail: anders.antonsson@k-fastigheter.se, telephone: +46 708 730 900
This information is such information as K-Fast Holding AB is obliged to publish pursuant to the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 5.00 p.m. CEST on 31 May 2021.
As a property company, K-Fastigheter’s objective is to add value for tenants by creating attractive homes with superior comfort. The Group’s operations encompass active property management, project development and proprietary construction operations. To enhance cost efficiency and cut construction times, K-Fastigheter has chosen to work with three concept buildings, developed in-house and constructed for proprietary management. K-Fastigheter provides some 2,280 homes in several locations in the Öresund region, in the province of Småland and in western Sweden, and is assessing new markets as production capacity increases. The Group’s property portfolio has a book value SEK 7.4 billion, with an annual rental value of about SEK 278 million. Since November 2019, the company’s Class B shares have been traded on Nasdaq Stockholm under the (ticker: KFAST B). Read more at www.k-fastigheter.com
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