8/31/2010 5:00 PM
Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that 109,915 new Class B shares were issued in August as a result of the exercising of warrants related to the 2007 incentive programme and stock options related to the 2006 and 2007 incentive programmes. 260 Class A shares were also reclassified into Class B shares in August. The total number of Class B shares therefore increased from 59,298,134 to 59,408,309 in August, whilst the total number of Class A shares decreased from 6,637,073 to 6,636,813. The total number of outstanding shares is now 66,045,122. MTG also holds 1,065,000 MTG Class C shares and the total number of issued shares therefore now amounts to 67,110,122. Class C shareholders are not entitled to dividend payments.