Wallenstam AB sets record day for share split
At the Annual General Meeting of Wallenstam AB (publ) on April 26, 2022, a resolution was passed on a subdivision of the company’s shares so that each existing share will be subdivided into two shares of the same class (2-for-1 share split). The Board has now decided that the record day for the execution of the share split shall be May 24, 2022.
The last day of trading in Wallenstam AB’s shares before the split is May 20, 2022. The first day of trading in Wallenstam AB’s shares after the split is May 23, 2022. Due to the split, the shares in Wallenstam AB will be traded under new ISIN codes starting from May 23, 2022. The new ISIN code for the A share is SE0017780125 and the new ISIN code for the B share is SE0017780133. In connection with the split, the B share will take over the existing trading venue on Nasdaq Stockholm. The A share will remain unlisted.
The split of the company’s shares will occur automatically via Euroclear Sweden AB and shareholders do not need to take any action. The new number of shares is expected to be registered in each shareholder’s securities account on May 25, 2022.
After the split, the total number of shares in the company will amount to 660,000,000, of which 69,000,000 are A shares and 591,000,000 are B shares.
For further information, please contact:
Susann Linde, CFO and Head of Investor Relations Wallenstam AB, tel. +46 705 17 11 34
www.wallenstam.se
This is information that Wallenstam is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CEST on May 11, 2022.
Wallenstam is a property company that manages, builds and develops properties for sustainable living and enterprise in Stockholm, Gothenburg and Uppsala. The property holding is valued at around SEK 64 billion and the customer base consists of around 11,000 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable electrical energy through its own wind turbines in operation. The company’s B shares have been listed on Nasdaq Stockholm since 1984.