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Decreased number of shares and votes in Kinnevik

30 Apr 2024, 08:00 am · Regulatory information
Kinnevik AB (publ) ("Kinnevik") today announced that as of 30 April 2024 the total number of shares in the company amounts to 281,177,810, and the total number of votes in the company amounts to 584,976,698.

The decrease is due to that Kinnevik has redeemed 379,312 outstanding incentive shares of Class G 2019, 8,277 incentive shares of Class C 2021, 11,250 incentive shares of Class C 2022, 149,974 incentive shares of Class C 2023, 8,277 incentive shares of Class D 2021, 11,250 incentive shares of Class D 2022 and 149,974 incentive shares of Class D 2023 held in treasury by the company and by participants in Kinnevik's long-term incentive plans for 2019 and 2021-2023.

As of 30 April 2024, the shares in Kinnevik are divided into two classes of ordinary shares and seven classes of incentive shares as follows:

  • 33,755,432 ordinary shares of Class A with ten votes each and 243,217,233 ordinary shares of Class B with one vote each (of which Kinnevik holds one (1) ordinary Class B share in treasury); and
  • 618,815 incentive shares of Class D 2020, 396,523 incentive shares of Class C 2021, 396,523 incentive shares of Class D 2021, 541,505 incentive shares of Class C 2022, 541,505 incentive shares of Class D 2022, 855,137 incentive shares of Class C 2023 and 855,137 incentive shares of Class D 2023, all with one vote each.

This information is of such character, which Kinnevik AB (publ) shall disclose in accordance with the Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument). The information was distributed for disclosure, through the agency of the contact person set out below, at 2024-04-30 08:00 CEST.

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik’s ambition is to be Europe’s leading listed growth investor. We back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthcare, software, marketplaces and climate tech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe and the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

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