In August 2023, a reduction of the share capital in Net Insight AB was completed by cancellation of 12,775,000 B shares for allocation to unrestricted equity.
The reduction of share capital was carried out in accordance with the decision made at the Annual General Meeting on May 12, 2023, and following authorization from the Swedish Companies Registration Office.
As of the time of this press release, the number of shares in the company amounts to 1,000,000 A shares and 356,493,009 B shares, totaling 357,493,009 shares representing 366,493,009 voting rights in the company. The company's share capital amounts to SEK 14,299,720.36.
For further information, please contact:
Joakim Schedvins, CFO, +46 8 685 04 00, email@example.com
About Net Insight
Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows.
For over 25 years, the world’s leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight’s Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.
For more information, please visit netinsight.net