Scandic Hotels Group reports change in number of shares and votes
Scandic Hotels Group AB announced a change in its total number of shares and votes as of July 31, 2020, following a completed rights issue. The total number of shares now stands at 191,257,993.
Scandic Hotels Group AB reported on July 31, 2020, that the number of shares and votes in the company had changed during July due to a previously announced rights issue. The total number of shares increased by 1,365,606, corresponding to an equal number of votes.
By the end of July, the last trading day of the month, the total number of shares and votes amounted to 191,257,993. This increase reflects the final registration of shares from the rights issue with the Swedish Companies Registration Office.
The rights issue involved a total of 88,272,918 shares. Of these, 86,907,312 shares were registered in June 2020, and the remaining 1,365,606 shares were registered in July 2020, completing the registration process for all new shares.
The company stated that all shares from the rights issue have now been registered with the relevant authorities. This announcement was made in accordance with financial market regulations.