The share capital of Electrolux consists of A-shares and B-shares. An A-share entitles the holder to one vote and a B-share to one-tenth of a vote.
Read moreConversion of shares
Electrolux Annual General Meeting 2008 decided that shareholders in Electrolux who hold A-shares from time to time shall be entitled to request conversion of their A-shares into B-shares.
The purpose of the conversion clause is to give holders of A-shares an opportunity to achieve an improved liquidity in their shareholding, as the trading in A-shares on the stock market is relatively limited. (Before deciding whether to convert any A-shares, however, it is advisable to note that the limited trading in the A-share typically has been at a price which has been higher than the price for the B-share.)
If you wish to convert A-shares to B-shares, please use the form Conversion of shares (see left in the box “Related documents”) and send this to Electrolux, c/o SEB Emissioner, at the address stated on the form.
Electrolux will process the conversion forms and notify the conversion requests to the Swedish Companies Registration Office. The conversion will be completed once registration has been made and Euroclear AB (the Swedish Central Securities Depository) has recorded the conversion in the share register of Electrolux. SEB Emissioner will then ensure that the A-shares in your VP- or custody account are exchanged for B-shares.
Related documents
| Date | Document | Language |
|---|---|---|
| Electrolux Conversion of shares – Notice Form Language: English | English |
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