SCA announces conversion of 350,000 Class A shares to Class B shares in May, reducing total number of votes in company to 1,566,320,364
May 31, 2012
– According to SCA's articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
In May, at the request of shareholders, 350,000 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,566,320,364.
The total number of registered shares in the company amounts to 705,110,094, of which 95,690,030 are Class A shares and 609,420,064 are Class B shares.
Stockholm, Sweden, 31 May 2012
For additional information, please contact:
Jörgen Olsson, Press and Media Officer, +46 8 788 51 29
NB: This information is such that SCA must disclose in accordance with the Financial Instruments Trading Act. The information was submitted for publication on 31 May 2012 at 14.00 CET.
SCA is a global hygiene and paper company that develops and produces personal care products, tissue, publication papers, solid-wood products and packaging solutions. Sales are conducted in some 100 countries. SCA has many well-known brands, including the global brands TENA and Tork. Sales in 2011 amounted to SEK 106 billion (EUR 11.7 billion). SCA has approximately 44,000 employees. More information at www.sca.com