Share Capital

Pursuant to the Company’s articles of association, the Company’s share capital may not be less than SEK 500,000 and not more than SEK 2,000,000, and the number of shares may not be less than 200,000,000 and not more than 800,000,000.

All shares in the Company have been issued pursuant to Swedish law. All issued shares have been fully paid and are freely transferrable.

Each share in the Company entitles the holder to one vote at shareholders’ meetings and each shareholder is entitled to cast votes equal in number to the number of shares held by the shareholder in the Company.

The below table shows historic changes in the Company’s shares and share capital since 2010.


Share capital development

Number of shares Share capital
Time Event Change Total Change Total
6 December 2010 Formation 50,000 50,000 50,000 50,000
8 April 2011 New share issue 450,000 500,000 450,000 500,000
3 November 2011 Share split 10:1 4,500,000 5,000,000 - 500,000
23 October 2015 Share split 40:1 199,500,000 200,000,000 - 500,000
25 November 2015 New issue 95,833,333 295,833,333 239,583 739,583