Shares
Raute's series A share is quoted on Nasdaq Helsinki since 1994. The trading code is RAUTE.
Raute has two series of shares. All shares entitle holders to an equal dividend but different voting rights, with each series A share representing one (1) vote and each series K share representing twenty (20) votes at the Annual General Meeting.
Raute's series A shares are quoted on Nasdaq Helsinki Ltd since 1994. The trading code is RAUTE.
Shares | Number of shares | Votes/share | Votes, total |
Series A shares (RAUTE) | 3 272 033 pcs | 1 | 3 272 033 |
Series K shares (RAUTEK) | 991 161 pcs | 20 | 19 823 220 |
Total number of shares | 4 263 194 pcs | 23 095 253 |
Series K shares can be convereted to series A shares under the terms described in section 3 of the Articles of Association. If a series K share is tranferred to a new owner who has not previously held series K shares, the new owner shall report this to the Board of Directors in writing and without delay. The other shareholders of the series K shares have the right to redeem the share under the terms described in Article 4 of the Articles of Association.