STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Following the decision of the Board, all 674,224 Class C shares in Addnode Group and held in treasury by the company, have been converted into B shares. Approximately 204 000 of the new B shares will be allocated to participants in Addnode Group Share Savings Program from 2011, and the remaining approximately 470 224 B shares will be held by the company in treasury.
Through the transformation the number of B shares increases from 28,361,046 to 29,035,270. Share capital, the number of votes and the total number of outstanding Shares in Addnode Group will remain unchanged.
About Addnode Group
Addnode Group provides mission-critical IT solutions to selected markets in both private and public sectors. We acquire, build and manage companies that deliver mission-critical IT solutions for the specific needs of our clients.
Every day, 250,000 engineers use our systems to develop and maintain products, buildings and facilities. 100,000 civil servants in the public sector use our solutions for municipal and state administration. We are 950 employees in Sweden, Norway, Finland, Denmark, UK, USA, Serbia and India. In 2013 net sales totaled SEK 1 444 M. Addnode's Series B share is listed on the OMX Nordic List, Small Cap.
More information about Addnode Group on www.addnodegroup.com
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