New issue and repurchase of shares of Class X and redemption of incentive shares
Kinnevik AB (publ) ("Kinnevik") today announced that the Board has resolved, by virtue of the authorisation granted by the 2022 Annual General Meeting, on a directed issue and immediate repurchase of 177,703 shares of Class X. The Board has also resolved to redeem a total of 446,048 incentive shares issued under Kinnevik's long-term incentive plans for 2018 and 2020-2022.
For further information, visit www.kinnevik.com or contact:
Torun Litzén, Director Investor Relations Phone +46 (0)70 762 00 50 Email press@kinnevik.com
Email: press@kinnevik.com
Kinnevik’s ambition is to be Europe’s leading listed growth investor. We back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthcare, software, marketplaces and climate tech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe and the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.