VEF AB (publ) has during May 2023 cancelled a total of 12,824,243 repurchased ordinary shares in accordance with a resolution adopted by the Annual General Meeting on 9 May 2023. VEF has furthermore cancelled 498,750 Class C 2020 shares, 83,125 Class C 2021 shares and 70,000 Class C 2022 shares in accordance with a resolution by the Board of Directors.
The total number of shares and votes in VEF as per May 31, 2023, amounts to 1,093,199,255 and are divided into four classes of shares as follows:
1,041 865,735 ordinary shares, with one vote each.
32,751,250 shares of Class C 2020, with one vote each.
8,229,375 shares of Class C 2021, with one vote each.
10,352,895 shares of Class C 2022, with one vote each.
Vef AB (publ) is a Sweden-based investment company. The Company invests in growth stage private fintech companies, take minority stakes and is an active investor with board representation in its portfolio companies. The Company focuses on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The portfolio consists of such companies as lending company Creditas, digital banking company Konfio, TrnasferGO which conducts digital money transfers, payment company Juspay, Revo offering financing solutions for customers, FinanZero supporting digital marketplace for consumer loans, or Nibo which operates as a software as a service (SaaS) provider.