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Press Release: SCA: Conversion of Shares

28 Feb 2018 9:03 am

SCA: Conversion of Shares

PR Newswire

STOCKHOLM, Feb. 28, 2018

STOCKHOLM, Feb. 28, 2018 /PRNewswire/ -- According to SCA's articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.

In February, at the request of shareholders 160 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,283,632,968.

The total number of registered shares in the company amounts to 702,342,489 of which 64,587,831 are Class A shares and 637,754,658 are Class B shares.

For further information, please contact:

Björn Lyngfelt

Vice President Group Communication

+46-60-19-34-98

Andreas Ewerts

Investor Relations Director

+46-60-19-3-197

NB:

This information is information that SCA is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, on February 26, 2018.

The core of SCA's business is the forest, 2.6 million hectares in northern Sweden. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others' forests.We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. 2017 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 16.7 bn (EUR 1,6 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. More information at www.sca.com.

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/sca/r/conversion-of-shares,c2461617

The following files are available for download:
 
http://mb.cision.com/Main/600/2461617/798630.pdf  Press release (PDF) 
 

View original content:http://www.prnewswire.com/news-releases/sca-conversion-of-shares-300605574.html

SOURCE SCA
 

(END) Dow Jones Newswires

February 28, 2018 04:03 ET (09:03 GMT)
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