The company’s articles of association contain provisions pursuant to which the share capital shall be not less than SEK 700,000 and not more than SEK 2,800,000 divided into not less than 35,000,000 shares and not more than 140,000,000 shares. The company’s share capital amounts to SEK 887,896.88 divided into 44,394,844 shares, giving each share a quotient (par) value of SEK 0.02.
The common shares are issued in accordance with Swedish law and the shareholders’ rights related to the shares may only be modified or altered in accordance with the Swedish Companies Act. The company has only one class of shares. Shareholders are entitled to vote for their full number of shares and each share entitles to one vote at shareholders´meetings.
Our American Depository Shares (“ADSs”) have been trading on Nasdaq since 1 July 2021. Each ADS represents 8 common shares (or a right to receive 8 common shares) deposited with Skandinaviska Enskilda Banken AB, as custodian for the depositary in Sweden. The Bank of New York Mellon is the depositary of our ADSs. Holders of ADSs do not have rights as shareholders of the Company and the rights of ADS holders are set forth in a Deposit Agreement between the company and the depositary, which includes the right to instruct the depositary how to vote the deposited shares and the right to receive dividends and distributions.
The Company’s shares are issued in dematerialised form through the services of Euroclear Sweden AB (P.O. Box 191, SE-101 23 Stockholm). Euroclear is the central securities depository and clearing organisation for the shares in accordance with the Swedish Financial Instruments Accounts Act (Sw. lag (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument). Hence, no share certificates are issued and any transfers of shares are made electronically. All shares are fully paid and denominated in the currency SEK. The ISIN-code for the Company’s shares is SE0012569663.