Skip to main content

Alm. Brand A/S completes capital reduction by changing share denomination

Announcement no. 31/2021

Alm. Brand A/S completes capital reduction by changing share denomination

At the extraordinary general meeting of Alm. Brand A/S held on 2 September 2021, the shareholders resolved to reduce the company’s share capital by nominally DKK 1,387,026,000 from nominally DKK 1,541,140,000 to nominally DKK 154,114,000 at par value for allocation to distributable reserves under equity.

As the company has not received any claims during the statutory claims filing period, the capital reduction has now been finally registered in the computer systems of the Danish Business Authority. The capital reduction was completed by changing the denomination of the company’s shares from DKK 10 per share to DKK 1 per share. The capital reduction does not change the number of shares.

With reference to section 32 of the Capital Markets Act it is hereby notified that as of 31 October 2021 the share capital of Alm. Brand A/S amounts to DKK 154,114,000 and the number of votes amount to 154,114,000.

The reduced capital admitted to trading and official listing on Nasdaq Copenhagen will be effected as soon as possible.

The company’s updated articles of association are available on the company’s website here.

Contact

Please direct any questions regarding this announcement to:

Investors and equity analysts:                 

Senior Investor Relations Officer
Mikael Bo Larsen
Mobile no. +45 5143 8002
        
Press:        

Head of Media Relations
Maria Lindeberg
Mobile no. +45 2499 8455

 

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.