Vitec carries out a share split 5-for-1
Shareholders need take no action in response to the division.
The following timetable applies for the division:
- Last day of trading before the split is December 21, 2015
- First day of trading after the split is December 22, 2015
- The record date at Euroclear Sweden is December 23 2015
- The new holding is expected to be visible on the shareholder's securities account December 28, 2015
As a result of the split, the total number of shares will increase from 5,879,338 shares to 29,396,690 shares. The number of A shares will increase from 800,000 shares to 4,000,000 shares and the number of B shares will increase from 5,079,338 shares to 25,396,690 shares.
As of December 22, 2015 the Vitec shares will be traded with the ISIN code SE 0007871363.
For more information, please contact
Lars Stenlund, CEO Vitec Software Group (publ), ph. +46 70 659 49 39.
Vitec Software Group AB (publ.) is to make the above information public pursuant to the Swedish Securities Market Act or the Swedish Financial Instruments Trading Act. The information will be made public at 09:00 CET on Thursday, December 17, 2015.
Vitec Software Group AB (publ) is a software company that offers industry specific business applications on the Nordic market. The Company, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. Clients include facility management companies, construction and real estate companies, banks and insurance companies, utilities and energy traders, healthcare companies, car spare part dealers and newspaper companies. Group turnover has an annual capacity of 640 million SEK and has approximately 450 employees. Vitec is listed on Nasdaq OMX Stockholm.
www.vitecsoftware.com Address: Box 7965, S-907 19 Umeå, Sweden. Phone +46 90 15 49 00.