Flerie
Record date for reverse share split in Flerie
27 June 2024 – At the Extraordinary General Meeting in Flerie AB (“Flerie” or the “Company”) held on 10 June 2024 a reverse share split of 1:100 was resolved upon, whereby one hundred (100) existing shares become one (1) share. Further, the Extraordinary General Meeting resolved to authorise the board of directors to determine the record date for the reverse share split. The board of directors of Flerie has today resolved that the record date for the reverse split shall be 15 July 2024.
Reverse share split
At the Extraordinary General Meeting in Flerie held on 10 June 2024 a reverse share split of 1:100 was resolved upon, whereby one hundred (100) existing shares become one (1) share. Further, the Extraordinary General Meeting resolved to authorise the board of directors to determine the record date for the reverse share split. The board of directors of Flerie has today resolved that the record date for the reverse split shall be 15 July 2024.
No action is required by shareholders to participate in the reverse split.
As a consequence of the reverse split, the ISIN Code for the Flerie share will be changed. As from 12 July 2024, the shares will be traded with the new ISIN Code SE0022421467.
The reverse split means that the total number of shares in the Company will be reduced from 7,806,640,600 shares to 78,066,406 shares, each with a quota value of approximately SEK 2. All issued shares constitute ordinary shares. The reverse split will result in a corresponding re-calculation of the outstanding incentive scheme in Flerie. Shareholders, whose number of shares on the record date is not evenly divided by 100, will for no consideration receive shares from T&M Participation AB, so that their respective shareholding will be evenly divided by 100. The transfer of these rounding shares will be administrated by Euroclear Sweden AB and without shareholders being required to take any further actions.
Time table for the reverse split
- The last trading date in the shares before the reverse split shall be 11 July 2024.
- The first trading date in the shares after the reverse split shall be 12 July 2024, which means that the share price as from this date will reflect the effects of the reverse split.
- The record date for the reverse split shall be Monday 15 July 2024.
For more information:
Ted Fjällman, CEO of Flerie
E-mail: ir@flerie.com
Datum | 2024-06-27, kl 18:30 |
Källa | MFN |
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