Change in the number of shares and votes in Starbreeze
31 July 2018 31 July 2018 / / Corporate News,Regulatory Releases
STOCKHOLM, SWEDEN (31 July 2018) – Starbreeze AB today announces that the number of Class B shares increased by 2,655,953 and the number of Class A shares decreased by the same number during July due to the company's ongoing conversion program. Additionally, the number of Class B shares increased by 96,186 during July due to stock options being redeemed. The number of votes decreased by 23,807,391.
In accordance with the articles of association Class A shares shall, upon request of the holder of such shares, be converted into Class B shares. In July 2 655 953 Class A shares were converted into Class B shares, which did not change the total number of shares but reduced the number of votes.
Additionally, 63 336 employee stock options were redeemed and converted to 96,186 Class B shares in July in the company's employee stock option program 2014/2018. Information about the company's outstanding options program: www.starbreeze.com/investor-relations/corporate-governance/incentive-programs.
As of 31 July 2018, Starbreeze's share capital amounts to SEK 6,505,911 distributed among a total of 325,295,554 shares, of which 54,496,674 Class A shares and 270,798,880 Class B shares. The number of votes amounts to 815,765,620.
Ann Charlotte Svensson, Head of Investor Relations and Corporate Communications
This information is information that Starbreeze AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 19:40 CET on 31 July 2018.
Starbreeze is a global game company whose vision is to be a leading provider in the entertainment industry by creating world-class experiences. Starbreeze was founded in 1998 and has since evolved into a well-established developer and publisher of PC and console games and VR products aimed at the global market. With studios in Stockholm, Paris, Los Angeles, San Francisco, Barcelona, Brussels, Bangalore and Dehradun, Starbreeze develops high-quality entertainment products based on proprietary and third-party rights, both in-house and in partnership with external game developers. Operations are organized in three business areas: Starbreeze Games, Publishing and VR Tech & Operations. Starbreeze shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share). For more information, please visit starbreeze.com