Troax Group AB (publ) sets the record date for the share split to June 19, 2019
Pressrelease. Hillerstorp 11th of June 2019, 08:30 CET
On May 14, 2019, the Annual General Meeting of Troax Group AB (publ) decided to increase the total number of shares in the company through a share split 3:1, where each share is divided into three shares of the same share class. The record date would be announced later but wasexpected to fall during June 2019.
It is now decided that the record date for the share split should be Wednesday, June 19, 2019, which means that the last trading day of the share before the split is Monday, June 17, 2019 and the first trading day of the share after the split is Tuesday, June 18, 2019. The effects of the share split are reflected in the share price from June 18, 2019.
Due to the share split, the company's shares will change ISIN codes on June 18, 2019. The new ISIN codes are SE0012729366 for Troax Group AB's A-share. Shares received in the share split are expected to be registered on the shareholder's securities account on 20 June 2019.
The share split takes place automatically via Euroclear Sweden AB and the shareholders do not have to take any action. After the share split, the total number of shares in the company amounts to 60,000,000, of which all shares are A shares.
Hillerstorp, 11th of June 2019
TROAX GROUP AB (PUBL)
President and CEO
This information is information that Troax Group AB is obliged to make public pursuant to the Financial Instruments Trading Act (1991:980). The information was submitted for publication at 8.30 CET on June 11th 2019.
For additional information, please contact:
Thomas Widstrand, President and CEO
Tel +46 370-828 31
Anders Eklöf, CFO
Tel +46 370 828 25
Troax is the leading global supplier of indoor perimeter protection (“metal-based mesh panel solutions”) for the market segments: Machine guarding, Warehouse partitioning and Property Protection. Troax develops high quality and innovative safety solutions to protect people, property and processes.
Troax Group AB (publ), Reg. No. 556916-4030, has a global organisation with a strong sales force and efficient logistics setup, enabling local presence and short delivery times in 42 countries.
In 2018 Troax net sales amounted to around 161 MEUR and the number of employees amounted to about 700 persons. The Company’s head office is located in Hillerstorp, Sweden.