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Change of the distribution of shares in Swedbank due to conversion of preference shares to ordinary shares

Tuesday, 05 March 2013
The allocation of shares in Swedbank AB (”Swedbank”) has changed due to owners of preference shares having requested during the month of February, 2013 conversion of an aggregate of 6,944,758 preference shares into ordinary shares pursuant to the conversion clause set forth in Swedbank’s articles of association.

After the conversion, the number of ordinary shares in Swedbank amounts to 958,094,574 and the number of preference shares amounts to 173,911,148. The total number of shares is unchanged and amounts to 1,132,005,722. The conversion has been filed for registration with the Swedish Companies Registration Office and is expected to be finalized by registration with Euroclear Sweden AB around March 6, 2013.

All remaining preference shares will be subject to mandatory conversion into ordinary shares following the annual general meeting 2013. Further information regarding the mandatory conversion will be published separately.

As of March 4, 2013 Swedbank held repurchased shares amounting to 33,000,000 ordinary shares in order to hedge the banks commitments relating to performance and share based remuneration programs. In addition, there may be holdings of own shares within the securities operations.
Based on a press release

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