VEF AB (publ) has during January 2024 issued a total of 11,725,000 Class C 2023 shares in accordance with a resolution adopted by the Extraordinary General Meeting on 3 October 2023. VEF has furthermore cancelled 1,030,750 Class C 2020 shares, 1,184,540 Class C 2021 shares and 1,291,465 Class C 2022 shares in accordance with a resolution by the Board of Directors.
The total number of shares and votes in VEF as per January 31, 2024, amounts to 1,101,417,500 and are divided into five classes of shares as follows:
1,041,865,735 ordinary shares, with one vote each.
31,720,500 shares of Class C 2020, with one vote each.
7,044,835 shares of Class C 2021, with one vote each.
9,061,430 shares of Class C 2022, with one vote each.
11,725,000 shares of Class C 2023, with one vote each.
Vef AB (publ) is a Sweden-based investment company. The Company invests in growth stage private fintech companies, take minority stakes and is an active investor with board representation in its portfolio companies. The Company focuses on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The portfolio consists of such companies as lending company Creditas, digital banking company Konfio, TrnasferGO which conducts digital money transfers, payment company Juspay, Revo offering financing solutions for customers, FinanZero supporting digital marketplace for consumer loans, or Nibo which operates as a software as a service (SaaS) provider.