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Change in number of shares and votes in AAK AB (publ.)

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AAK AB announced a change in the number of shares and votes as of June 30, 2021, due to the conversion of subscription warrants into 18,000 new shares from the long-term incentive program established on May 17, 2017. This brings the total number of shares and votes in the company to 256,513,938. The information is disclosed in compliance with the Financial Instruments Trading Act.

Positive
  • Increase of 18,000 shares and votes through the conversion of subscription warrants.
  • Total shares and votes in the company now stand at 256,513,938.
Negative
  • None.

KARLSHAMN, Sweden, June 30, 2021 /PRNewswire/ -- The long-term incentive program for employees ("Warrants Program series 2017/2022:2") implemented at the annual general meeting on May 17, 2017 has resulted in the number of shares and votes in the company having increased during June 2021 by 18,000 shares and votes, through conversion of subscription warrants into new shares in the company.

As of June 30, 2021, there are in total 256,513,938 shares and votes in the company.

For more information, please contact:
Gabriella Grotte
Head of IR and Corporate Communications
Mobile: +46 737 16 80 01
E-mail: gabriella.grotte@aak.com

This is information that AAK AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 4:30 p.m. CET on June 30, 2021.

About AAK

Everything AAK does is about Making Better Happen™. We specialize in plant-based oils that are the value-adding ingredients in many of the products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK's offer is Customer Co-Development, combining our desire to understand what better means for each customer, with the unique flexibility of our production assets, and a deep knowledge of many products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice and Personal Care. Our 3,900 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen for 150 years.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aak-ab/r/change-in-number-of-shares-and-votes-in-aak-ab--publ-,c3377018

The following files are available for download:

https://mb.cision.com/Main/871/3377018/1438783.pdf

Press release (PDF)

Cision View original content:https://www.prnewswire.com/news-releases/change-in-number-of-shares-and-votes-in-aak-ab-publ-301323284.html

SOURCE AAK AB

FAQ

What recent change occurred in AAK AB's number of shares?

As of June 30, 2021, AAK AB increased its shares by 18,000 due to the conversion of subscription warrants.

What is the total number of shares in AAK AB as of June 30, 2021?

The total number of shares and votes in AAK AB is now 256,513,938.

When was the warrants program for AAK AB implemented?

The warrants program for AAK AB was implemented on May 17, 2017.

What is the significance of the warrants program for AAK AB?

The warrants program allows for the conversion of subscription warrants into shares, impacting the total share count.

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Packaged Foods
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