LULEÅ, Sweden--(BUSINESS WIRE)--Regulatory News:
During February 2013, A shares have been converted into B shares at the request of shareholders. The total number of shares and votes in the company has thus changed.
The articles of association of IFS AB entitle owners of A shares to request the conversion of A shares into B shares. Each A share entitles the holder to 1.0 vote per share and each B share entitles the holder to 0.1 votes per share. The conversion of A shares into B shares results in a change in the total number of votes in the company.
On January 31, 2013, the total number of shares in the company amounted to 25,380,922, of which 1,368,913 were A shares and 24,012,009 were B shares. The total number of votes in the company amounted to 3,770,113.9.
During February 2013, 72,800 A shares were converted at the request of shareholders into B shares. This has resulted in a decrease in the total number of votes by 65,520.0.
On February 28, 2013, the total number of shares in the company amounted to 25,380,922, of which 1,296,113 were A shares and 24,084,809 were B shares. The total number of votes in the company amounted to 3,704,593.9.
On February 28, 2013, IFS held 609,092 B shares in own custody, which were repurchased during 2011 and 2012.
IFS (http://www.ifsworld.com/en/about-ifs/) is a public company (XSTO: IFS) founded in 1983 that develops (http://www.ifsworld.com/en/solutions/architecture-and-technology/), supplies, and implements (http://www.ifsworld.com/en/services/) IFS Applications (http://www.ifsworld.com/en/solutions/ifs-applications-8/)™, a component-based extended ERP suite. IFS focuses on industries (http://www.ifsworld.com/en/industries/) where management of any of the following four core processes is strategic: service (http://www.ifsworld.com/en/solutions/field-service-management-software/) & asset (http://www.ifsworld.com/en/solutions/enterprise-asset-management-software/), manufacturing (http://www.ifsworld.com/en/solutions/manufacturing/), supply chain (http://www.ifsworld.com/en/solutions/supply-chain/), and projects (http://www.ifsworld.com/en/solutions/projects/). The company has 2,000 customers (http://www.ifsworld.com/en/customers/) and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2012 was SKr 2.7 billion.
More information on IFS is available at www.IFSWORLD.com
Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld). Visit the IFS Blogs on technology, innovation, and creativity: blogs.ifsworld.com
IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on February 28, 2013 at 6:00 p.m. (CET).
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