Stockholm, 30 November 2017
During November 2017, the number of shares and votes in Ferronordic Machines AB (publ) ("Ferronordic") has changed due to the conversion of 366,544 A-preference shares to B-preference shares, redemption of all 366,544 B-preference shares, issue of 1,333,333 new ordinary shares and 3,199,101 new ordinary shares of series 2, as well as redemption of 66 728 A-preference shares. The transactions were carried out in conjunction with the listing of Ferronordic's ordinary shares on Nasdaq Stockholm and the offer to the holders of A-preference shares to convert their shares to ordinary shares.
By reason of the above, the number of shares and votes in Ferronordic has increased by 4,099,162 shares and 4,489,106.8 votes. Following the increase, the total number of shares and votes in Ferronordic is 14,599,162 shares and 14,539,106.8 votes, divided among 11,333,333 ordinary shares, 3,199,101 ordinary shares of series 2 and 66,728 A-preference shares. Following the increase, the share capital amounts to approximately SEK 1,303,456.5.
For further information, please contact:
Anders Blomqvist, CFO and Head of IR, Tel: +46 8 5090 7280, or e-mail: email@example.com.
Ferronordic is the authorized dealer of Volvo CE, Terex Trucks, Dressta, Mecalac and Rottne in Russia. In certain parts of the country, Ferronordic has also been appointed as aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta. Ferronordic began its operations in 2010 and has expanded rapidly across Russia. The group is well established in all federal districts with 74 outlets and more than 800 employees. Ferronordic's vision is to be regarded as the leading service and sales company in the CIS markets. The ordinary shares in Ferronordic are listed on Nasdaq Stockholm. The preference shares in the company are listed on Nasdaq First North Premier. The company has appointed Avanza Bank AB as its Certified Advisor.
This information is information that Ferronordic Machines AB (publ) is obliged to disclose pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication by the above contact person on 30 November 2017, 8:45 CET.
This information was distributed by Cision http://www.cisionwire.se/