ROCKWOOL A/S Completes Conversion of Share Classes Successfully
ROCKWOOL A/S Completes Conversion of Share Classes
Company Announcement for ROCKWOOL A/S
The company recently completed the conversion of 48,764 A shares into an equal amount of B shares, which each have a nominal value of DKK 10. This change was undertaken following the requests of the A share holders and aligns with article 6 of the company's articles of association.
Implications of the Conversion
Alongside the conversion, ROCKWOOL A/S updated its articles of association to reflect the changes in its share capital distribution. Notably, the total share capital of the company remains unchanged, ensuring stability while accommodating shareholder needs.
Details of the Share Capital
According to Section 32 of the Danish Capital Market Act, the company must clearly announce the updated totals for voting rights and share capital whenever modifications occur. Post-conversion, the total number of voting rights and the updated share capital for ROCKWOOL A/S is highlighted below:
Share Capital Overview
The elucidation of share capital helps in understanding the structure of the company's equity:
| Share Capital | Nominal Value | Voting Rights |
| Class A Share Capital | DKK | 98,178,390 |
| Class B Share Capital | DKK | 118,028,700 |
| Total | DKK | 216,207,090 |
Following the conversion, the total voting rights have reached 109,981,260, reflecting a fair alignment with the updated share capital.
Contact for Further Information
For any inquiries regarding these changes, you can reach out to:
Kim Junge Andersen
Senior Vice President, CFO
ROCKWOOL A/S
Contact: +45 46 55 80 15
Frequently Asked Questions
What is the significance of the A to B share conversion?
The conversion allows shareholders greater voting power and reflects the current equity structure of ROCKWOOL A/S.
How can I keep track of changes in voting rights?
ROCKWOOL A/S is obligated to report changes in voting rights whenever they occur, ensuring transparency for shareholders.
Who should I contact for more information about the company?
For inquiries, Kim Junge Andersen, the Senior Vice President and CFO, is the point of contact at ROCKWOOL A/S.
Is the total share capital affected by the conversion?
No, despite the conversion of shares, the total share capital remains unchanged at DKK 216,207,090.
What are the current voting rights after the conversion?
After the completion of the conversion, voting rights total 109,981,260 for ROCKWOOL A/S, reflecting the new structure.
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