SCA - Conversion of Shares

STOCKHOLM, Nov. 30, 2017 /PRNewswire/ --

According to SCA's articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.

In November, at the request of shareholders 5,600 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,283,634,408.

The total number of registered shares in the company amounts to 702,342,489 of which 64,587,991 are Class A shares and 637,754,498 are Class B shares.

This is information that SCA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above on November 30 2017.

The core of SCA's business is the forest, 2.6 million hectares in northern Sweden. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others' forests. We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions.
2016 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 15,4 bn (EUR 1,6 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. More information at www.sca.com.  

For further information, please contact:

Björn Lyngfelt
Senior Vice President Communications
+46-60-19-34-98

Nils Lindholm
Investor Relations Director
+46-70-585-41-05

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/sca/r/conversion-of-shares,c2403108

The following files are available for download:

View original content:http://www.prnewswire.com/news-releases/sca---conversion-of-shares-300564183.html

SOURCE SCA