The correction pertains to the number of shares that were canceled in August 2024. The correct number is 10,795,000 B-shares and not 12,775,000 B-shares as stated in an earlier press release. Below is the corrected press release in its entirety.
10,795,000 B shares were cancelled in August 2024 as a result of the completion of a reduction of share capital for allocation to unrestricted equity.
The reduction of share capital was carried out in accordance with the decision made at the Annual General Meeting on May 7, 2024, and with permission from the Swedish Companies Registration Office.
As of the time of this press release, the number of shares in the company amounts to 1,000,000 A shares and 347,243,009 B shares, totaling 348,243,009 shares representing 357,243,009 voting rights in the company. The company’s share capital amounts to SEK 13,929,720.36 kr.
For further information, please contact:
Linda Lyth, Investor Relations Manager, +46 8 685 04 00, ir@netinsight.net
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Net Insight (NASDAQ: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows.
For over 25 years, the world’s leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight’s Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.
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