Change in the votes and number of shares
It is hereby announced that the number of votes and shares in
Lagercrantz Group has changed during September. The reason for the
change is the cancellation without repayment of 1,240,923 class B shares
that the Company has previously repurchased on the strength of prior
annual general meetings. The resolution to cancel shares was approved at
the annual general meeting 1 September 2008.
The share capital has been reduced by 2,481,846 SEK due to the
cancellation. However, Lagercrantz Group has at the same time made a
bonus issue of 2,549,000 SEK that result in no decrease in either share
capital or restricted equity.
Number of shares and votes in Lagercrantz Group before and after changes
is as follows:
Series A shares Series B shares Total votes Total shares
Before 1,094,654 23,319,578 34,266,118 24,414,232
After 1,094,654 22,078,655 33,025,195 23,173,309
cancellation
and bonus issue
Shares of Series A are entitled to 10 votes per share and Series B
shares one vote per share. The share capital amounts to 48,895,618 SEK
after changes. The number of shares held in treasury amounts to 695,500
Series B shares.
Stockholm, 30 September 2008
Lagercrantz Group AB (publ)
For further information, contact:
Jörgen Wigh, President & CEO, Lagercrantz Group AB, telephone +46 8 700
66 70.
Niklas Enmark, CFO, Lagercrantz Group AB, telephone +46 8 700 66 70.
This information is provided in accordance with the Swedish Securities
Market Act, the Swedish Law on Accounting for Financial Instruments or
requirements posed by the agreement with OMX Nordic Exchange. The
information was released for publication at 8:30, 30 September 2008.
_______________________________________________________________________________
LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology trading group in electronics,
electrics, communication and adjacent areas. The Group operates in a
decentralised mode with value-creating sales in close proximity to its
customers and markets and has a leading position in several expansive
niches.
Operations are organised in three divisions. Division Electronics is
primarily involved in marketing solutions in wireless industrial
communication and embedded systems. Division Mechatronics offers
electro-mechanical components and production of cable harnesses and
electric connection systems. Division Communications provides solutions
in digital image transmission/technical security, design software and
access products. Manufacturing companies are the primary customers.
Lagercrantz is today represented in eight countries in Northern Europe,
and in China.
The Group has sales of more than MSEK 2,200 and has approximately 800
employees. Lagercrantz is listed on OMX Nordic Exchange, segment Small
Cap, sector Information Technology. Additional information is available
at www.lagercrantz.com.
Change in the votes and number of shares
| Source: Lagercrantz Group AB
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