Shares

Hakon Invest has been listed on the Nasdaq OMX Nordic since December 8, 2005, and is quoted in the Large Cap segment.

The main reasons for the exchange listing were to secure a favorable, long-term ownership structure and provide access to the capital market. The listing helps to increase liquidity and provides a market-driven share price as well as a broader ownership.

ICA-handlarnas Förbund sold a total of 13,000,000 shares in Hakon Invest, corresponding to approximately 8% of the capital and voting rights, to the public in Sweden and institutional investors in Sweden and abroad.

Share and ownership structure after the listing

In conjunction with the listing, a new share structure was established in Hakon Invest, with common shares and C shares. The common shares are listed and comprise 49% of the total number of shares. The remaining 51% comprise C shares which are not listed and do not carry entitlement to cash dividends. Common shares and C shares carry the same voting rights.

All C shares and 16% of common shares are owned by ICA-handlarnas Förbund, whose holding in Hakon Invest decreased from 75% to 67% in conjunction with the listing. The remaining 33% is owned by private individuals in Sweden and institutional investors in Sweden and abroad.