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Ericsson's extraordinary general meeting decided to change the difference in voting rights between A- and B-shares
August 31, 2004, 18:56 (CEST)
The general meeting also decided to implement a conversion clause into the Articles of Association entailing that one B-share may be converted to one A-share during the period September 20 - December 10, 2004 by holders of a special conversion right.
Furthermore, the general meeting decided to issue conversion rights to holders of A-shares. Each registered holder of A-shares on September 10, 2004 will receive one conversion right for each A-share. One conversion right entitles the holder to convert one B-share to one A-share during the period September 20 - December 10, 2004.
Finally, the general meeting decided not to approve Mr. Hellbom's proposal on the abandonment of the A-shares.
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
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