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An announcement from Logistea AB Class A ( ($SE:LOGI.A) ) is now available.
Logistea’s board has resolved to convert all its Class A ordinary shares into Class B ordinary shares, in line with the articles of association adopted at the recent annual general meeting. After the move, the company will have only Class B shares outstanding, each carrying one tenth of a vote, while the total number of shares remains unchanged.
The board expects the simplified share structure to support higher institutional and international ownership and to strengthen Logistea’s corporate governance profile. The conversion, which will be executed automatically for shareholders with a record date of 29 May 2026 and completion expected on 1 June 2026, also clarifies the ownership base, with the ten largest shareholders jointly holding 67 percent of the capital and votes.
More about Logistea AB Class A
Logistea AB is a Swedish real estate company specializing in warehousing, logistics and light industrial properties. The company is listed on Nasdaq Stockholm and targets tenants in storage, distribution and light manufacturing segments across Sweden.
Average Trading Volume: 4,818
Technical Sentiment Signal: Hold
Current Market Cap: SEK321.9M
See more insights into LOGI.A stock on TipRanks’ Stock Analysis page.