The Board of K-Fast Holding AB proposes a 6:1 share split

The Board of Directors of K-Fast Holding AB (publ) proposes that the Annual General Meeting on 19 May 2021 resolve on a 6:1 share split, meaning that each existing share is divided into six shares of the same series.

The proposal means that the number of shares is increased by six and that the current quota value of each share is divided by six. After the share split has been carried out, the total number of shares in the company will have increased from 35,888,528 shares to 215,331,168 shares, represented by 22,500,000 Class A shares and 192,831,168 Class B shares. For more information on the proposal for the resolution of the share split, refer to the notice to the Annual General Meeting that was published today.

For more information, please contact:

Anders Antonsson, IR Manager e-mail: anders.antonsson@k-fastigheter.se, telephone: +46 708 730 900

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 2,240 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 of SEK 6.9 billion, with an annual rental value of about SEK 265 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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