Vitec Software Group AB: Increased number of shares and votes

As previously announced on December 21, 2020, the convertible bond program for Vitec employees with duration of January 2018 - December 2020, has been fully converted. With the conversion the number of B shares has increased.  

The number of B shares has increased by 200,206, and the share capital increased by  SEK 20,020.60. Total equity has increased by 21.2 MSEK. The total number of shares after conversion amounts to 32,773,422 of which 3,050,000 are Class A-shares. A-shares have ten 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 of such a kind that Vitec Software Group AB (publ.) is legally required to disclose the Swedish Securities Market Act. The information was submitted for publication at 09:00 CET on Wednesday, December 30, 2020.

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 830 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.