Temporary change in the number of shares and votes in Atlas Copco AB
Stockholm, Sweden, May 31, 2018: During May 2018, the number of outstanding shares in Atlas Copco AB increased from 1,229,613,104 to 2,459,226,208 and the number of votes from 878,415,996.80 to 1,756,831,993.60. The change is a result of the 2:1 share split resolved by the Annual General Meeting on April 24, 2018 and is temporary since the same general meeting also resolved on a redemption of the new shares.
Following the split, there are 1,678,788,192 series A shares in the company and 780,438,016 series B shares, of which half is the result of the split.
Shares resulting from the share split will under the resolution by the general meeting automatically be redeemed by the company for SEK 8 per share. Trading in the redemption shares began on Nasdaq Stockholm on May 14, 2018 and is estimated to continue up to and including June 1, 2018.
Record day for the share split was May 11, 2018. Payment of the redemption amount, SEK 8 per redemption share, will be done on or about June 11, 2018.
The number of shares and votes in Atlas Copco AB will then revert to the original number, i.e. 1,229,613,104 shares and 878,415,996.8 votes.
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This is information that Atlas Copco AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 8:30 CEST on May 31 2018.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers through its innovative compressors, vacuum solutions, generators, pumps, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2017, Atlas Copco had revenues of BSEK 86 (BEUR 9) and about 34 000 employees.