Reclassification of Class A shares into Class B shares

The reclassification has been made by Lars Stenlund and Olov Sandberg who each converted 250 000 A-shares to B-shares. Lars Stenlund and family holds after the reclassification shares with voting rights of 26.7 % and an equity of 7.3 %. Olov Sandberg and family holds after the reclassification shares with voting rights of 26.4 % and an equity of 6.6 %.

For more information, please contact
Lars Stenlund, CEO Vitec Software Group AB (publ), phone. +46 70 659 49 39.
Olov Sandberg, IRO Vitec Software Group AB (publ), phone +46 70 552 56 51

Disclaimer:
Vitec Software Group AB (publ.) is to make the above information public pursuant to the Swedish Securities Market Act or the Swedish Financial Instruments Trading Act. The information will be made public at 00:00 CET on Wednesday, 24, 2016.

Vitec Software Group AB (publ) is a software company that offers industry specific business applications on the Nordic market. The Company, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. Clients include facility management companies, construction and real estate companies, banks and insurance companies, utilities and energy traders, healthcare companies, car spare part dealers and newspaper companies. Group turnover has an annual capacity of 670 million SEK and has approximately 450 employees. Vitec is listed on Nasdaq OMX Stockholm.

www.vitecsoftware.com  Address: Box 7965, S-907 19 Umeå, Sweden. Phone +46 90 15 49 00.