Conversion of shares in ReadSoft AB
In accordance with ReadSoft’s Articles of Association, owners of Series A shares are entitled to request that their shares will be converted to Series B shares. As a result of such conversion, the total number of voting rights in the company is reduced.
During May 2014, shareholders have requested the conversion of 160,020 Series A shares to Series B shares. The total number of voting rights in the company subsequently amounts to 43,894,760.
The total number of registered shares in the company amounts to 33,144,440 of which 1,194,480 are Series A shares and 31,949,960 Series B shares.
This is information of the type that ReadSoft AB (publ) is obligated to disclose in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on June 30, 2014 at 15:30 CET.
For additional information, please contact:
ReadSoft AB
Kristin Widjer, Legal Counsel
Phone: +46 42 490 21 29 alt. +46 733 37 86 79
E-mail: kristin.widjer@readsoft.com
Johan Holmqvist, Vice President Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com
About ReadSoft. ReadSoft simplifies business for organizations of all sizes with applications for business processes such as accounts payable automation, accounts receivable, sales order processing, and multichannel mailroom automation. Its on-premises and cloud document process automation solutions enable some of the world’s largest corporations as well as small and medium businesses to compete and thrive in today’s environment by improving customer and supplier satisfaction, increasing operating efficiency, and providing greater visibility into business processes. ReadSoft is the world’s number one choice for invoice processing automation, and its applications integrate seamlessly with ERP systems from SAP, Oracle, Microsoft, as well as with many other business systems. Since 1991, the company has grown into a worldwide group, delivering industry expertise and support in 17 countries on six continents through its local and global partner network. ReadSoft is headquartered in Helsingborg, Sweden, and its share is traded on the NASDAQ OMX Stockholm’s Small Cap list. Visit www.readsoft.com.
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