Change in the number of shares outstanding in Sectra during September
As of September 30, 2014, the number of shares in Sectra AB (STO: SECT B) amounts to 74,542,034, of which 5,241,384 are Series A and 69,300,650 are Series B. This entails an increase of 37,271,017 in the number of shares outstanding in September, of which 2,620,692 are Series A redemption shares and 34,650,325 Series B redemption shares.
The change is attributable to the 2:1 split resolution with mandatory redemption, which was resolved at Sectra’s Annual General Meeting on September 8, 2014. Through this redemption procedure, SEK 4.50 per share totaling approximately SEK 167 million will be transferred to Sectra’s shareholders.
On the record date October 15, 2014, 37,271,017 redemption shares will be automatically withdrawn, of which, 2,620,692 Series A shares and 34,650,325 Series B shares. The number of shares outstanding will thus amount to 37,271,017, of which 2,620,692 Series A shares and 34,650,325 Series B shares.
The information in this press release is such that Sectra AB (publ) is obligated to disclose in compliance with the Swedish Securities and Clearing Operations Act. The information was submitted for publication on September 30, 2014, at 10:30 (CET).
For further information, please contact:
Torbjörn Kronander, CEO and President, Sectra AB, +46 (0) 705 23 52 27
Simo Pykälistö, CFO and Executive Vice President, Sectra AB, +46 (0) 703 51 53 03
About the Sectra Group
Sectra was founded in 1978 and has its roots in Linköping University in Sweden. The company’s business operation includes cutting-edge products and services within the niche segments of medical IT and secure communication. Sectra has offices in 12 countries and operates through partners worldwide. Sales in the 2013/2014 fiscal year totaled SEK 853 million. The Sectra share is quoted on the NASDAQ OMX Stockholm exchange. For more information, visit www.sectra.com
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