Wihlborgs conducts share split
The Annual General Meeting of Wihlborgs Fastigheter AB (publ), held on 25 April 2018, resolved on a two-for-one division of the company’s shares (a “split”), by which each old share will be replaced with two new shares. The Board was authorised to establish a record date for the split.
The Board has decided that the record date for the split is 24 May 2018 and the new shares are expected to be registered in shareholders’ accounts on 25 May 2018.
The last day of trading in shares before the split is 22 May 2018 and the first day of trading in shares after the split is 23 May 2018. The new ISIN code for the share will be SE0011205194.
The split will be carried out automatically through Euroclear Sweden AB and shareholders are not required to take any action.
The split means the number of shares in Wihlborgs Fastigheter AB (publ) will increase from 76,856,728 to 153,713,456.
Wihlborgs Fastigheter AB (publ)
This information is of such a kind that Wihlborgs Fastigheter AB (publ) is legally required to disclose pursuant to the Swedish Securities Market Act. The information was submitted for publication through the agency of the above contact person on 14 May 2018, at 08:00 a.m. CEST.
Wihlborgs Fastigheter AB (publ) is a property company that focuses on commercial properties in the Öresund region. Its property portfolio is located in Malmö, Helsingborg, Lund and Copenhagen.
In Malmö, Lund and Helsingborg, Wihlborgs is the leading property company.
The book value of the company’s properties totals SEK 39.4 billion. The annual rental value of the properties is SEK 2.9 billion.
Wihlborgs’ shares are listed on the Large Cap List of Nasdaq Stockholm.