Conversion of shares in Logistea AB
According to Logistea AB's articles of association, owners of Class A shares have during February and August each year the right to request at the board of directors of Logistea to convert such shares into Class B shares. Due to the conversion, the total number of votes in the company is reduced. Due to the fact that Logistea's board of directors received several requests of conversion of a significant number of Class A shares to Class B shares during February 2025, Logistea announces that the following requests have been received:
- Dragfast AB has requested conversion of 5,045,000 Class A shares
- M2 has requested conversion of 1,000,000 Class A shares
- Stefan Hansson has requested conversion of 922,180 Class A shares
- Other shareholders have requested conversion of 152,189 Class A shares.
The board of directors will process the requests of conversion of the above Class A shares (of in total 7,119,369 Class A shares) in accordance with the company's articles of association. After registration of the above conversion, the total number of Class A and Class B shares in Logistea amounts to 26,232,069 Class A shares and 448,327,827 Class B shares, respectively.