ÅF AB: Subscription to the 2016 Convertible Debenture Program for Key Staff Completed
For further information:
Marta Tiberg, Head of Corporate Communications, +46 73 072 70 48
On April 27 2016 the annual general meeting adopted a convertible debenture program for key staff in ÅF. The subscription has now been completed and amounts to SEK 142.05 million at a subscription price of SEK 170.20 per share.
Full conversion will increase the share capital by SEK 2,086,220.00 and the number of shares by 834,488. This corresponds to a dilution equivalent to approximately 1.05 percent of the capital and approximately 0.77 percent of the votes.
In accordance with the resolution of the general meeting, the dilution will be offset by a repurchase and cancellation of shares corresponding to the subscribed amount. These measures shall be completed before the annual shareholders meeting 2017.
The information contained in this press release is such that ÅF is required to disclose pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 10.45 on 13 July 2016.
ÅF is an engineering and consulting company for the energy, industrial and infrastructure markets, creating progress for our clients since 1895. By connecting technologies we provide profitable, innovative and sustainable solutions to shape the future and improve people's lives. Building on our strong base in Europe, our business and clients are found all over the world.
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