21-12-2012 — /europawire.eu/ — On December 13, 2012, AB Volvo received a request for the conversion of 110,048,945 Series A shares to Series B shares. Furthermore, AB Volvo’s largest shareholder, Renault s.a.s., announced that the company has divested all of its shares in AB Volvo through the sales of 138,604,945 Series A shares on the stock market.
Following the execution of today’s request and taking other requests for conversions and executed conversions since December 1, 2012, into account, there will be a total of 2,128,420,220 registered shares in AB Volvo. Of these 546,544,375 are Series A shares and 1,581,875,845 Series B shares. The number of votes in the company will once the conversion is concluded amount to 704,731,960 based on the number of registered shares. Exluding treasury shares owned by AB Volvo, the number of votes will amount to 676,002,504.
A press release will be issued once the conversion of the 110,048,945 Series A shares has been completed.
Reporters who want more information, please contact Kina Wileke, +46 (0)31-66 12 32 or +46 (0)739-02 55 44.