HMS Networks AB sets record date for share split to 2 June 2017
26 May 2017 - 9:11PM
The annual general meeting of HMS Networks AB
(publ) held on 26 April 2017 resolved to increase the total number
of shares in the company by dividing each share into four shares (a
four-for-one share split). The board of directors was authorized to
determine the record date for the share split.
The board has now decided that the record date for
the share split is to be Friday 2 June 2017, which means that the
last day of trading in the share prior to the split is Wednesday 31
May 2017 and the first day of trading in shares after the split is
Thursday 1 June 2017. As of 1 June 2017, the effects of the share
split will be reflected in the share price.
Due to the split, the company's shares will change
ISIN code on 1 June 2017. The new ISIN code for the share is
SE0009997018. Shares received in the share split are expected to be
registered in the shareholders' securities account on 5 June
2017.
The split will take place automatically via
Euroclear Sweden AB and shareholders do not need to take any
action. Following the share split, the total number of shares in
the company will amount to 46,818,868
For more information please
contact:
CFO HMS Networks AB Gunnar Högberg,
telephone: +46-35 17 29 95
CEO HMS Networks AB Staffan Dahlström, telephone: +46-35 17 29
01
This information is such that HMS Networks AB
(publ) is required to disclose in accordance with the Swedish
Financial Instruments Trading Act and the Swedish Securities Market
Act. The information was submitted for publication at 12.00 CET on
May 26, 2017.
HMS Networks AB (publ) is one
of the world's leading suppliers of communication technology for
industrial automation. Sales amounted to SEK 952 million in 2016
and more than 90 percent was derived outside Sweden. Product
development and some manufacturing takes place at the company's
head office in Halmstad (Sweden) as well as in Ravensburg
(Germany), Igualada (Spain) and Nivelles (Belgium). Sales offices
are located in Japan, China, Germany, USA, Italy, France, Belgium,
India, England, Spain and Denmark. HMS has approximately 500
employees and it manufactures and markets products under the brands
Anybus®, IXXAT®, Netbiter® and eWON®. HMS is listed on
NASDAQ-OMX Nordic Exchange in Stockholm under the category Mid Cap,
Information Technology.
Press release (PDF)
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: HMS Networks AB via Globenewswire
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