ITAB - First day of trading following 3:1 split of shares in ITAB Shop Concept AB

First day of trading following 3:1 split of shares in ITAB Shop Concept AB

5/26/2016 8:00:00 AM

As of today, 26 May 2016, shares in ITAB Shop Concept AB (publ) are traded following the 3:1 split.

At the AGM on 11 May 2016, a decision was adopted to split the company’s shares 3:1, which means that each share was divided into three shares of the same type.

The record date for the share split was 27 May 2016. Shares obtained as a result of the share split are expected to be registered in VP-accounts on 30 May 2016.

The company’s shares are automatically distributed via Euroclear Sweden AB with no action required on the part of shareholders. After the completed split, the number of shares in ITAB totals 101,719,230, of which 23,400,000 are Class A shares and 78,319,230 are Class B shares.

The new ISIN CODE for ITAB’s Class B share is SE0008375117.

The information is such information that ITAB Shop Concept AB (publ) shall publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was published in Swedish at 12 p.m. 18th of May 2016.

 

For further information, please contact:

CEO, Ulf Rostedt Tel: +46 36 31 73 00

Cellphone: +46 70 694 86 82

 

ITAB Shop Concept AB is listed on the Nasdaq OMX Stockholm and sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, checkouts, self-checkout systems and professional lighting systems. Customers include the major players throughout most parts of Europe. ITAB is the market leader at checkout to retailers in Europe, and one of Europe's largest suppliers of shop fitting concepts and lighting systems. The group has approximately 3,000 employees and a turnover of SEK 5,193 million in 2015.