MTG: RECLASSIFICATION OF CLASS A SHARES INTO CLASS B SHARES
Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that, following the reclassification of a total of 111,953 MTG Class A shares into MTG Class B shares, the total number of Class A shares has decreased to 15,091,426 and the total number of Class B shares has increased to 50,785,616 in August. The total number of issued and outstanding MTG shares is unchanged and amounts to 65,877,042. As a result of the reclassification, the total number of voting rights in MTG is now 201,699,876 and the total share capital amounts to SEK 329,385,210. Each class A share holds ten voting rights and each class B share is entitled to one voting right.
Shareholders may request a reclassification of some or all of their MTG Class A shares into MTG Class B shares in January and July each year.