Convertibles boost number of Handelsbanken shares

Sweden’s Handelsbanken has announced the exchange of convertible notes, increasing its ‘A’ shares by just over 1m shares, and the number of votes by a similar number.

The 1,058,950 increase in the number of shares takes the total shares in the bank to 629,952,708, of which 618,202,265 are ‘A’ shares and 11,750,443 are ‘B’ shares.

Swedish listing rules still allow companies to issue ‘A’ and ‘B’ shares with different voting rights.

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