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Converting class A shares

2013-02-28 13:00
Regulatory

During the month of February the number of shares in Lagercrantz Group AB has changed due to shareholders request for conversion of 1,344 class A shares to corresponding number of class B shares.

After the conversion the total number of class A shares is 1,091,966 and class B shares 22,081,343. The number of shares and the number of votes in Lagercrantz Group AB are shown in the table below:

Number of class A shares Number of class B shares Number of votes Number of shares
Before conversion 1,093,310 22,079,999 33,013,099 23,173,309
After conversion 1,091,966 22,081,343 33,001,003 23,173,309

    
   
    
Stockholm, 28 February 2013

Lagercrantz Group AB (publ)

For further information, contact:

Bengt Lejdström, CFO, Lagercrantz Group AB, tel +46 8 700 66 70.

This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement with NASDAQ OMX Stockholm Exchange. The information was submitted for publication on 2013-02-28 at 13:00.

LAGERCRANTZ GROUP IN BRIEF
  Lagercrantz is a technology group in the areas of electronics, electricity, communication and related fields. The Group’s companies deliver all its specialised products and solutions to other companies (B2B) and several of the companies are world-leaders in their respective niches. Lagercrantz is active in eight countries in Northern Europe and in China. The Group has about 950 employees and revenue of approximately MSEK 2,400. The Company’s shares are listed on NASDAQ OMX Stockholm since 2001.
   The business is organised in four divisions. Division Electronics offers special products in embedded electronics, industrial wireless communication, RFID and lighting control. Division Mechatronics offers electric connections systems, electric installation materials, electric and electro-mechanical components and cabling. Division Communications offers products, systems, services and support in network access, digital image transmission/technical security, and software. Division Niche Products is the Group’s new division from April 2012. Here a number of interesting market positions will be built up primarily by acquiring profitable companies in interesting niches and with a large element of proprietary products.