(1888PressRelease)
March 05, 2010 - After the conversion, the number of ordinary shares in Swedbank amounts to 952,316,334 and the number of preference shares amounts to 207,273,843. The total number of shares and votes is unchanged and amounts to 1,159,590,177. The conversion has been filed for registration with the Swedish Companies Registration Office and is expected to be finalized by registration with Euroclear Sweden AB around March 4, 2010.
Pursuant to the conversion clause, an owner of a preference share is during the months of February and August each year, from and including August 2009 to and including February 2013, entitled to request that such shareholder´s entire holding of preference shares are converted into ordinary shares. All remaining preference shares will be subject to mandatory conversion into ordinary shares during the month immediately following the month in which the Annual General Meeting 2013 is held, however, not earlier than the day after the record day for any right to receive dividends resolved at such Annual General Meeting.
Further information, please contact:
Johannes Rudbeck, Head of Investor Relations, Swedbank, phone: +46 70 582 56 56
Anna Sundblad, Press Officer, Swedbank, phone: +46 70 321 39 95
Swedbank´s vision is to be the leading financial institution in the markets where we are present. Swedbank has 9.5 million retail customers and 550,000 corporate customers with 381 branches in Sweden, 226 branches in the Baltic countries and another 156 branches in Ukraine. The group is also present in Copenhagen, Helsinki, Kaliningrad, Luxembourg, Moscow, New York, Oslo, Shanghai, S:t Petersburg and Tokyo. As of December 31 2009 the group had total assets of SEK 1,795 billion and approximately 19,000 employees. For more information about Swedbank, please visit www.swedbank.com
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