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    SKA B   SE0000113250

SKANSKA AB

(SKA B)
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Conversion of shares in Skanska AB

11/30/2021 | 01:31am EST

According to Skanska AB's articles of association, holders of Series A shares are entitled to submit requests to the company for conversion of their shares to Series B shares. Conversion reduces the total number of votes in the company.

In conjunction with a conversion of shares, the company is obliged according to the Swedish Financial Instruments Trading Act (1991:980) to disclose information concerning the change.

During November 2021, 12,738 Series A shares were converted to Series B shares at the request of shareholders. Accordingly, the total number of votes in the company thereafter totals 596,857,760.

The total number of registered shares in the company amounts to 419,903,072, of which 19,661,632 are Series A shares and 400,241,440 are Series B shares.

For further information please contact:

André Löfgren, Senior Vice President Investor Relations, Skanska AB, tel: +46 (0)10 448 13 63

Direct line for media, tel: +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is a world leader in construction and project development in select markets throughout the Nordic region, Europe and USA. Driven by the Group's values, Skanska contributes to a better society by providing innovative and sustainable solutions. The Group has about 32,500 employees, and 2020 revenue totalled SEK 159 billion.

This is information that Skanska AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the Senior Vice President Investor Relations set out above, at 07:30 am CET on November 30, 2021.

https://news.cision.com/skanska/r/conversion-of-shares-in-skanska-ab,c3462381

https://mb.cision.com/Main/95/3462381/1502965.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Sales 2021 144 B 15 676 M 15 676 M
Net income 2021 7 478 M 813 M 813 M
Net cash 2021 5 248 M 571 M 571 M
P/E ratio 2021 12,9x
Yield 2021 3,86%
Capitalization 95 573 M 10 412 M 10 394 M
EV / Sales 2021 0,63x
EV / Sales 2022 0,59x
Nbr of Employees 29 584
Free-Float -
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Mean consensus HOLD
Number of Analysts 5
Last Close Price 231,80 SEK
Average target price 251,20 SEK
Spread / Average Target 8,37%
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Managers and Directors
Anders Danielsson President & Chief Executive Officer
Magnus Persson Chief Financial Officer & Executive VP
Hans Torsten Gunnar Bi÷rck Chairman
Anders Candell Senior Vice President-Information Technology
Anders G÷ransson Senior Vice President-Internal Audit & Compliance
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