Last day of trading prior to consolidation of shares is November 22 and from November 23 the shares will be traded with new ISIN-codes.
Logistea AB (publ) (“Logistea”) has as earlier communicated resolved to carry out a reverse share split of 1:10. The reverse share split means that ten (10) Ordinary Shares of Class A will be consolidated into one (1) Ordinary Share of Class A and that ten (10) Ordinary Shares of Class B will be consolidated into one (1) Ordinary Share of Class B. The record date for the reverse share split is November 24, 2021. The last day of trading in Logistea's shares prior to the reverse share split is November 22, 2021. From Tuesday November 23, From November 23, 2021, Logistea Ordinary Shares of Class A will be traded with ISIN-code SE0017131329 and Logistea Ordinary Shares of Class B will be traded with ISIN-code SE0017131337.
The reverse share split will be carried out automatically through Euroclear Sweden AB. Shareholders do not need to take any action to participate. As a consequence of the reverse share split, Logistea's shares will change ISIN-codes. From November 23, 2021, Logistea Ordinary Shares of Class A will be traded with ISIN-code SE0017131329 and Logistea Ordinary Shares of Class B will be traded with ISIN-code SE0017131337.
If a shareholder's holding of a shares of a certain class does not correspond to a full number of new shares of the same class, excess shares will be sold at Logistea's expense, and affected shareholders will receive their share of the sales proceeds.