Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) confirms that as per June 29, 2012, the company's share capital amounts to SEK 16,525,258,678 and the total number of shares is 3,305,051,735, of which 261,755,983 are shares of series A and 3,043,295,752 are shares of series B. The total number of votes is 566,085,558.2, of which the series A shares represent 261,755,983 votes and the series B shares represent 304,329,575.2 votes.
The increase in the number of shares and votes is caused by the company's recent issue of 31,700,000 shares of series C, which shares have subsequently been repurchased by the company and converted into shares of series B, by virtue of a conversion clause in the articles of association. This is in accordance with the resolution by the Annual General Meeting 2012 to expand the treasury stock as part of the financing of Ericsson's Long-Term Variable Remuneration Program (LTV) 2012. The company currently holds 89,695,956 shares as treasury stock.
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
Ericsson Investor Relations
Phone: +46 10 719 00 00
Ericsson discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on June 29, 2012, at 08.00am CET.