Net Insight founder converts A-shares to B-shares
Stockholm, Sweden – Net Insight, a leading provider of efficient and scalable transport solutions for media, IP and broadcast networks, today announced that one of the founders of Net Insight converts A-shares to B-shares.
Pursuant to Net Insight's Articles of Association (§5 second paragraph), shares of class A may upon request of the owner of such shares be converted into shares of class B.
One of Net Insight's founders, Christer Bohm, has called for a conversion of shares of class A to shares of class B.
Christer Bohm converts 150 000 A-shares. The conversion ratio is 1 to 1. After conversion, Christer Bohm holds 440 000 B-shares.
After the conversion there are 1 000 000 A-shares and the number of B-shares amount to 388 933 009. In total there are 389 933 009 shares and 398 933 009 votes.
Net Insight AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on June 30, 2015 at 10.00 CET.
For further information, please contact:
Thomas Bergström, CFO of Net Insight, +46 8 685 04 00, email@example.com
About Net Insight
Net Insight delivers the world's most efficient and scalable transport solution for Broadcast and IP Media,
Digital Terrestrial TV and IPTV/CATV networks.
Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization
of bandwidth for a converged transport infrastructure. Net Insight's Nimbra(TM) platform is the industry solution
for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery
of existing and new media services.
More than 200 world class customers run mission critical video services over Net Insight products in over 60 countries. Net Insight is quoted on theNASDAQ OMX, Stockholm.
For more information, please visitwww.netinsight.net
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Net Insight AB via Globenewswire