STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
At today’s Annual General Meeting of HEXPOL AB (publ) (STO:HPOLB), a share split was resolved upon meaning that each share, regardless of share series, will be split into ten (10) shares of the same series.
The record date for the share split was, in accordance with the board’s proposal, determined to 19 May 2015.
Last day of trade in the HEXPOL B-share prior to the split is 15 May 2015. First day of trade in the HEXPOL B-share after the split is 18 May 2015. This means that the share price as from and including 18 May 2015 will reflect the effect of the split.
Through the split the total number of shares in the company increases to 344,201,280, out of which 14,765,620 A-shares and 329,435,660 B-shares.
As a result of the split, the shares in HEXPOL will as from and including 18 May 2015 change ISIN-number. The new ISIN number for the A-share is SE0007074273 and the new ISIN for HEXPOL’s B-share is SE0007074281.
The split of the company’s shares occurs automatically via Euroclear Sweden AB and shareholders need to take any action.
HEXPOL is a world-leading polymers group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets), and plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily systems suppliers to the global automotive and engineering industry, the energy, oil and gas sector, medical equipment manufacturers and OEM manufacturers of plate heat exchangers and forklifts. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group’s sales in 2014 amounted to 8,919 MSEK. The HEXPOL Group has approximately 3,900 employees in eleven countries. Further information is available at www.hexpol.com.
This press release consists of such information that HEXPOL AB (publ.) may be obliged to disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on December 19, 2014. This press release consists of such information that HEXPOL AB (publ) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on May 4, 2015.
This press release has been prepared both in Swedish and English. In case of any divergence in the content of the two versions, the Swedish version shall have precedence.
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