The Annual General Meeting of Investment AB Latour (publ) held on 2 May 2017 decided to increase the total number of shares in the company through a share split 4:1, where each share is divided into four shares of the same class. Record date for the share split would be announced later but was expected to take place in June 2017.
It is now decided that the record date for the share split is to be Wednesday 21 June 2017, which means that the last day of trading in the share prior to the split is Monday 19 June 2017 and the first day of trading in shares after the split is Tuesday 20 June 2017. As of 20 June 2017, the effects of the share split will be reflected in the share price.
The company's shares will change ISIN codes on 20 June 2017 due to the split. The new ISIN codes for the shares are SE0010100941 for the class A shares and SE0010100958 for the class B shares. Shares received in the share split are expected to be registered in the shareholders' securities account on 23 June 2017.
The split will take place automatically via Euroclear Sweden AB and shareholders do not need to take any action. Following the share split, the total number of shares in the company will amount to 639,840,000 and consist of 47,669,032 class A shares and 592,170,968 class B shares.
Göteborg, June 13, 2017
Investment AB Latour (publ)
Jan Svensson, CEO
For further information, please contact:
Jan Svensson, President and CEO, +46 705 77 16 40, or
Anders Mörck, CFO, +46 706 46 52 11, or +46 31 80 17 90
Investment AB Latour is a mixed investment company consisting primarily of wholly-owned industrial operations and an investment portfolio of listed holdings in which Latour is the principal owner or one of the principal owners. The investment portfolio consists of nine substantial holdings with a market value of about SEK 49 billion. The wholly-owned industrial operations generated a turnover of approximately SEK 8 billion in 2016.