According to Essity'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 January, at the request of shareholders 50 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,277,754,267.
The total number of registered shares in the company amounts to 702,342,489 of which 63,934,642 are Class A shares and 638,407,847 are Class B shares.
NB: This information is such that Essity must disclose in accordance with the Financial Instruments Trading Act. The information was submitted for publication on June 28, 2019, at 08:00 CET.
For further information, please contact:
Karl Stoltz, Media Relations Manager, +46 8 788 51 55
Essity is a leading global hygiene and health company dedicated to improving well-being through products and services, essentials for everyday life. The name Essity stems from the words essentials and necessities. Our sustainable business model creates value for people and nature. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 47,000 employees and net sales in 2018 amounted to approximately SEK 118.5bn (EUR 11.6bn). The headquarters is located in Stockholm, Sweden, and the company is listed on Nasdaq Stockholm. More information at www.essity.com.
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