ROCKWOOL A/S Completes Share Conversion and Voting Rights Update
ROCKWOOL A/S Completes Share Conversion
ROCKWOOL A/S has successfully concluded the conversion of 102,048 A shares into an equivalent number of B shares, each with a nominal value of DKK 1. This transformation was enacted in alignment with the company's articles of association and was requested by the A share holders.
Updates to Share Capital and Voting Rights
The company's articles of association have been meticulously adjusted to reflect the changes in the structure of A and B share capital, while the overall share capital remains unchanged. These updated articles can be accessed on the company's official website, where further details are made available.
Transparency in Capital Adjustment
In accordance with Section 32 of the Danish Capital Market Act, ROCKWOOL A/S is obliged to make public the total voting rights and share capital after any alterations. Following the completion and registration of the conversion process, the newly adjusted totals for ROCKWOOL A/S are as follows:
Detailed Overview of Shares
Here’s a detailed look at the current structure of ROCKWOOL A/S’ share capital and voting rights:
Share Capital (nominal value, DKK): 211,605,790
Number of Shares (of DKK 1 each): 211,605,790
Number of Votes: 1,092,267,094
Class Specifications
Below is the breakdown of Class A and Class B shares post-conversion:
- Class A Shares: 97,851,256 shares, 978,512,560 votes
- Class B Shares: 113,754,534 shares, 113,754,534 votes
Further Information
If you require additional details, please reach out to:
- Kim Junge Andersen
CFO
ROCKWOOL A/S
+45 46 55 80 15
Frequently Asked Questions
What prompted the conversion of A shares to B shares?
The conversion was requested by the holders of A shares and is in line with the company's articles of association.
How does the conversion affect share capital?
The total share capital remains unchanged despite the conversion of shares.
Where can I find the updated articles of association?
Updated articles of association can be found on the official ROCKWOOL A/S website.
What are the new total voting rights post-conversion?
The total number of voting rights after the conversion amounts to 1,092,267,094.
Who should I contact for more information?
For further inquiries, contact Kim Junge Andersen, CFO, at ROCKWOOL A/S, or call +45 46 55 80 15.
About The Author
Contact Kelly Martin privately here. Or send an email with ATTN: Kelly Martin as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.