ADDTECH SHARES

Share price trend and trading
Addtech Addtech’s Class B shares are listed on Nasdaq Stockholm. Since the listing in September 2001, the average price increase, up to and including 31 March 2021, has been 21 percent annually. Over the corresponding period, the exchange’s OMX Stockholm index changed by an average 7 percent.

Over the financial year, the price of the Addtech share rose by 113 percent. Over the corresponding period, the exchange’s OMX Stockholm index rose by 57 percent. The highest price paid during the year was SEK 138, which was noted on 12 March 2021. The lowest price paid was SEK  58.45, which was noted on 2 April 2020. The closing price at the end of the financial year was SEK 130, corresponding to a market capitalisation of SEK 33.8 billion (15.9).

During the period from 1 April 2020 to 31 March 2021, 60.7 million shares (29.9) were traded for a total value of approximately SEK 10.9 billion (7.9). In relation to the average number of Class B shares outstanding, this corresponds to a turnover rate of 40 percent (47). Broken down per trading day, an average 241,967 Addtech shares (119,597) were traded for an average value of approximately SEK 43 million (32).

Share capital
At the end of the period, share capital amounted to SEK 51.1 million divided into the following number of shares with a quota value of SEK 0.19 per share.

The Annual General Meeting in August 2020 resolved to implement a 4:1 share split. The division resulted in an increase in the number of shares to 272,793,984, of which 12,885,744 were Class A shares and 259,908,240 were Class B shares. The new shares were registered in the shareholders’ accounts on 17 September 2020.

Chapter 6, Section 2a of the Swedish Annual Accounts Act requires listed companies to disclose specific circumstances that may affect the prospects for acquiring the Company via a public share offer. In the event of the Company being de-listed from Nasdaq OMX Stockholm or a party other than the present principal shareholder attaining an ownership holding exceeding 50 percent of the capital or votes, the granted credit line in terms of contractual credit facilities of SEK 2,500 million and overdraft facilities of SEK 1,300 million can be terminated.

Repurchases of treasury shares and incentive programmes
The Annual General Meeting in August 2020 authorised the Board of Directors to repurchase a maximum of 10 percent of all shares in the Company during the period extending until the 2021 Annual General Meeting. During the financial year Addtech repurchased none of its own Class B shares. At the end of the year, 3,519,272 (4,199,672) of the Company’s own Class B shares were held, with an average purchase price of SEK 32.73 (32.73). These shares correspond to 1.3 percent (1.5) of the number of shares issued and 0.9 percent (1.1) of the votes.

At the end of the financial year, Addtech had four outstanding call option programmes for a total of 3,590,000 shares. Call options issued on repurchased shares entail a dilution effect of about 0.3 percent over the past 12-month period. Addtech’s holdings of treasury shares are expected to match the needs of the outstanding call option programmes.

Ownership structure
On 31 March, 2021, the total number of shareholders was 9,409 (6,208), of whom 6,942 (5,063) each held 1,000 shares or less. The 15 largest shareholders accounted for 62.6 (61.6) percent of the total number of shares and 72.3 (71.5) percent of the total number of votes. Anders Börjesson (including related parties) is the largest shareholder in terms of votes, with a shareholding corresponding to 16.4 percent, followed by Tom Hedelius, with a shareholding corresponding to 15.2 percent. The proportion of foreign owners corresponded to 46 percent (45) of total capital.

Additional information
Addtech’s website www.addtech.com is updated continuously with information about shareholder changes and share price performance. The site also presents information about which analysts monitor Addtech.