Share capital development

 

The share capital amounted to SEK 78,707,820 split between 78,707,820 class A shares only, including those repurchased by the company. At the end of 2013, Lindab owned 2,375,838 treasury shares (2,375,838). All shares have a face value of SEK 1.00 and thereby an equal share in the Company’s assets and profits. Each share also entitles the holder to one vote at Lindab’s Annual General Meeting. 

 

Lindab's market capitalisation at flotation on 1 December 2006 was SEK 8,658 m. The market capitalisation on 31 December 2018 was SEK 4,8 m. 

 

According to Lindab's Articles of Association, the issued share capital must not fall below SEK 60 m nor exceed SEK 240 m, and the number of shares must not fall below 60,000,000 nor exceed 240,000,000.

 

Year
Action
Shares Class A
Shares Class B¹
Change
Tot. share capital
2001
New formation
1,000
-
100
100
Issue of new shares
9,000
-
900
1,000
2002
Share split (100:1)
1,000,000
-
-
1,000
2006
Share split (8:1)
8,000,000
-
-
1,000
Issue of new shares
-
2,988,810
374
1,374
Redemption of shares and reduction of share capital
-2,988,810
-
-374
1,000
Redemption of shares and reduction of share capital
-
-2,988,810
-374
626
Bonus issue
-
-
74,542
75,168
Share split (15:1)
75,167,850
-
-
75,168
Exercised options
3,539,970
-
3,540
78,708
Closing
balance
78,707,820
-
78,708
Number 
of treasury shares
-2,375,838
-
-
-
Total
numbers of shares outstanding at year end
76,331,982
-
-
-
1 ) All class B shares were redeemed in May 2006 and this type of share has been removed by a change to the Articles of Association.

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