Decreased number of shares and votes in Kinnevik
Kinnevik AB (publ) ("Kinnevik") today announced that as of 31 October 2024 the total number of shares in the company amounts to 283,590,320, and the total number of votes in the company amounts to 587,389,208.
The decrease is due to that Kinnevik has redeemed 15,475 incentive shares of Class C 2022, 60,945 incentive shares of Class C 2023, 10,576 incentive shares of Class C1 2024, 42,304 incentive shares of Class C2 2024, 15,475 incentive shares of Class D 2022, 60,945 incentive shares of Class D 2023, 10,576 incentive shares of Class D1 2024 and 42,304 incentive shares of Class D2 2024, held by former participants in Kinnevik's long-term incentive plans for 2022-2024.
As of 31 October 2024, the shares in Kinnevik are divided into two classes of ordinary shares and eleven classes of incentive shares as follows:
- 33,755,432 ordinary shares of Class A with ten votes each and 243,217,233 ordinary shares of Class B with one vote each (of which Kinnevik holds one (1) ordinary share of Class B in treasury); and
- 618,815 incentive shares of Class D 2020, 396,523 incentive shares of Class C 2021, 396,523 incentive shares of Class D 2021, 526,030 incentive shares of Class C 2022, 526,030 incentive shares of Class D 2022, 794,192 incentive shares of Class C 2023, 794,192 incentive shares of Class D 2023, 256,535 incentive shares of Class C1 2024, 1,026,140 incentive shares of Class C2 2024, 256,535 incentive shares of Class D1 2024 and 1,026,140 incentive shares of Class D2 2024, all with one vote each (of which Kinnevik holds 15,275 incentive shares of Class C 2022, 15,275 shares of Class D 2022, 33,035 incentive shares of Class C 2023, 33,035 incentive shares of Class D 2023, 52,311 incentive shares of Class C1 2024, 209,244 incentive shares of C2 2024, 52,311 incentive shares of Class D1 2024 and 209,244 incentive shares of Class D2 2024 in treasury).