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Latest Satellite News Discussion, New Mtg: Change in number of shares and voting rights at General Satellite News forum; Modern Times Group MTG AB (publ.) (‘MTG’’), the international entertainment broadcasting group, today announced that MTG’s total number of issued ...

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New Mtg: Change in number of shares and voting rights - 01-July-2009, 00:10

Modern Times Group MTG AB (publ.) (‘MTG’’), the international entertainment broadcasting group, today announced that MTG’s total number of issued shares has increased to 66,740,375, following the 18 June 2009 issue and repurchase of 370,000 Class C shares. The total number of Class A shares decreased to 15,001,201 from 15,091,426 in June, following the reclassification of 90,225 Class A shares into Class B shares, while the total number of Class B shares increased to 50,889,174 from 50,798,949. Following the issue and repurchase of Class C shares in June, MTG now holds a total of 850,000 Class C shares. The total share capital has consequently increased to SEK 333,701,875.
Each Class A share holds ten voting rights and each Class B and Class C share is entitled to one voting right. The issue of Class C shares and the reclassification of Class A shares into Class B shares has therefore decreased the total number of voting rights to 201,751,184 from 202,193,209. The total number of voting rights, when excluding the shares held by MTG, amounts to 200,901,184.


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