Increased number of shares and votes in Vitec Software Group AB (publ)

On January 18, 2021, the convertible 1906 was fully converted. The convertible bond was issued in June 2019 in connection with the acquisition of Odin Systemer AS (today Vitec Fixit Systemer AS).

With the conversion the number of B-shares has increased by 260,480, and the share capital increased by SEK 26,048. The total number of shares after conversion amounts to 33,033,902, of which 3,050,000 are Class A-shares. A-shares have 10 votes and B shares one vote.

For more information, please contact

Patrik Fransson, IR, Vitec Software Group AB (publ), mobile, +46 76 942 85 97

Disclaimer
This information is information that Vitec Software Group AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 09:00 CET on Friday, January 29, 2021.

About Vitec
Vitec is market leader for Vertical Market Software in the Nordic region. We develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. Our 950 employees are based in Denmark, Finland, Norway and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,156 million in 2019. Find more at www.vitecsoftware.com.