ROCKWOOL A/S Successfully Completes Share Split Announcement

Author: Addison Perry Updated: 04-11-2025 04:30 AM

ROCKWOOL A/S Completes Share Split

This announcement highlights the recent developments at ROCKWOOL A/S, an established player in the industry. After a decisive meeting, the company shares underwent a significant alteration.

The Details of the Share Split

During the Annual General Meeting on a specified date, shareholders voted to finalize a share split in the ratio of 1:10. This change allows each existing share with a nominal value of 10 DKK to be transformed into ten shares valued at 1 DKK each. This strategic move aims to enhance the liquidity of the shares, making them more accessible to a broader range of investors.

New Capital Structure Post-Split

With the completion of the share split, ROCKWOOL A/S now boasts a new share capital totaling 216,207,090 DKK. The distribution of shares consists of 216,207,090 shares, set at a nominal value of 1 DKK per share. This includes 98,178,390 shares classified as A shares, complemented by 118,028,700 B shares.

Impact of the Share Split on Investors

Such a share split typically encourages trading activity and increases the fluidity in the market. This transition opens up opportunities for more investors to participate, thus potentially amplifying the company's market presence.

Statements from Leadership

Kim Junge Andersen, Senior Vice President and CFO, provided insights into the implications of the share split. He emphasized that this restructuring aligns with their long-term strategy and commitment to enhancing shareholder value.

Further Information Availability

For shareholders and potential investors looking for additional information, details regarding this split and all forthcoming developments can be sought by contacting Kim Junge Andersen directly at +45 46 55 80 15. Staying updated is vital as these changes may influence trading decisions.

Frequently Asked Questions

What is a share split?

A share split is a corporate action where a company divides its existing shares into multiple shares to enhance the liquidity and accessibility of its stock.

How does the share split affect existing shareholders?

Current shareholders will see their number of shares increase according to the split ratio while maintaining their overall investment value as the price per share decreases proportionally.

What is the new nominal value of shares after the split?

Post-split, the nominal value of each share is set at 1 DKK.

How can I get more information about ROCKWOOL A/S?

For more details regarding the company's operations and share split, contact Kim Junge Andersen, the Senior Vice President and CFO, at the contact number provided.

Will this share split affect the company's market position?

While a share split does not directly influence a company's market value, it can improve liquidity and attract more investors, potentially enhancing the overall market perception.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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