Modern Times Group MTG AB (publ.) (‘MTG’), the international entertainment broadcasting group, today announced that MTG’s total number of Class A shares has decreased to 7,930,701 from 15,001,201 in September, following the reclassification of 7,070,500 Class A shares into Class B shares, while the total number of Class B shares has accordingly increased to 57,959,674 from 50,889,174. MTG also holds a total of 850,000 Class C shares. The total number of issued MTG shares therefore remains unchanged at 66,740,375, as does the total share capital at SEK 333,701,875.
Each Class A share has ten voting rights and each Class B and Class C share carries one voting right. The reclassification of Class A shares into Class B shares has therefore reduced the total number of voting rights to 138,116,684 from 201,751,184, and to 137,266,684 when excluding the Class C shares held by MTG.