STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
As a result of the new share issue carried out by Scandic Hotels Group AB (publ) in connection with the recent initial public offering, the number of shares and votes in the company has increased by 22,985,075 since the first day of trading on Nasdaq Stockholm.
As of December 30, 2015, there are in total 102,985,075 shares and votes in Scandic Hotels Group AB (publ).
This information is disclosed in accordance with the Swedish Financial Instruments Trading Act.
The information was submitted for publication on December 30, 2015 at 07:30 a.m. CET.
Scandic is the largest hotel company n the Nordic region with an network of almost 230 hotels with 42,000 rooms in seven countries and run by 14,000 team members. Scandic Friends is the biggest loyalty program in the Nordic hotel industry with 1.6 million members. Responsibility is a part of Scandic’s DNA and Scandic is the ‘best hotel brand’ in the Nordics (BDRC). Scandic has been listed on Nasdaq Stockholm since December 2, 2015. www.scandichotelsgroup.com
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