Regulatory press release

Change in the number of votes in Karnell Group AB (publ)

Following a request from shareholders, Karnell Group AB (publ) (“Karnell”) has, in accordance with the conversion provision in the Articles of Association, converted 50,000 Class A shares into 50,000 Class B shares.

The conversion means that the total number of votes in Karnell is reduced by 450,000. The total number of shares in the company is not affected by the conversion.

As of today’s date, the total number of shares in Karnell amounts to 53,367,032, of which 6,130,520 are Class A shares carrying ten votes each and 47,236,512 are Class B shares carrying one vote each. The total number of votes in the company amounts to 108,541,712.

For further information, please contact
Petter Moldenius
CEO of Karnell Group AB (publ), +46 8 545 891 00

About Us

Karnell is a growth-oriented industrial technology group that acquires and develops small and medium-sized product companies and niche-producing companies through a systematic and proactive acquisition strategy. With an eternal ownership horizon and decentralized decision-making model, Karnell provides entrepreneurs and family-owned businesses with a long-term and responsible partner. The company's business concept is to identify and acquire companies with an attractive financial profile and develop these businesses by leveraging the group's tools and expertise. The group consists of 20 companies in Sweden, Finland, the United Kingdom and Italy. Karnell is listed on Nasdaq Stockholm.