Kesla Proposes Combining A and B Shares Into Single Share Class
Bitget2026/10/21 14:05- Kesla’s board proposes merging A and B share classes at an extraordinary general meeting on November 25, 2026.
- Each B share would convert into one A share, leaving all shares with equal rights and one vote each.
- B shareholders would receive one free A share per 10 B shares, capped at 81,500 new shares, compensating for lost voting power.
- The merger, related amendments to the articles of association and directed free share issue require approval as a single package.
- The board recommends approval; Spring Advisor’s fairness opinion found the merger and compensation financially fair to both share classes.
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