Conversion of Class A shares to Class B shares
Shareholders wishing to convert Class A shares to Class B shares in Eolus Vind AB must submit a signed application form to the address below.
The written form must state the name of the shareholder, their personal identity number/company registration number, postal address, securities account number and the number of shares. The form must be signed and dated, indicating the place of signature, and the original form must be sent to Eolus at the address specified. If the shareholder is a legal entity, the application must bear the original signature of the authorised signatory or be supported by the original power of attorney of the authorised signatory.
Shareholders who have their Class A shares registered in the custody of a nominee must contact the nominee to request conversion. The application for conversion is binding and shareholders cannot revoke or cancel the requested conversion.
Applications received by fax, telephone or email cannot be processed.
Eolus will process the applications received and report them to the Swedish Companies Registration Office for registration. Once registration with the Swedish Companies Registration Office is complete, and once Euroclear has implemented the change in Eolus Vind AB’s register of shareholders, the conversion is effected and the Class B shares are then booked to the registered securities account.
Eolus Vind AB converts registered Class A shares to Class B shares after the end of each conversion period (January and July respectively). Shares can only be registered for conversion during 1–31 January and 1–31 July.
The application form can be downloaded here.
The original signed form must be sent to:
Eolus Vind AB
Att: Helene Jönsson
Box 95
281 21 Hässleholm
Frequently Asked Questions about converting Class A shares to Class B shares
How do I convert my Class A shares to Class B shares?
If your Class A shares are directly registered, download the Application Form for conversion of Class A shares to Class B shares (available above) and complete it in accordance with the instructions on the form, then submit the original application form to the address specified. If your Class A shares are nominee-registered or are in an endowment policy, you need to submit your request for conversion to your nominee or insurance company, which will then handle the conversion application on your behalf.
If the directly registered shareholder is a legal entity, the application must bear the original signature of the authorised signatory or be supported by the original power of attorney of the authorised signatory.
The conversion application form can be found above the FAQ section.
Can I submit my application by email?
The form submitted must be the original signed version and Eolus is therefore unable to accept application forms using alternative channels, such as email or fax, or telephone requests for conversion.
How do I request conversion of my Class A shares if I am a nominee-registered shareholder or if the shareholding is in an endowment policy?
If your Class A shares are nominee-registered or are held in an endowment policy, contact your nominee or the relevant insurance company with a request to convert the Class A shares and follow their instructions. The nominee or insurance company will then submit the conversion application to Eolus. A conversion of this kind may take longer than the conversion of a directly registered holding, depending on the procedures of the nominee or insurance company.
How long does the conversion take?
Within two weeks of the end of the conversion registration period, the entire procedure for the reclassification of Class A shares to Class B shares will be completed and your Class B shares will be available in your securities account.
What if I change my mind?
The application for conversion is binding and shareholders cannot revoke or cancel the requested conversion.
What are the tax consequences of converting Class A shares to Class B shares?
A request for conversion under the provisions of the Articles of Association is not considered in Sweden to constitute a taxable exchange or other taxable disposal of Class A shares. Shareholders are nevertheless generally encouraged to familiarise themselves with the tax position that applies to the shareholder in question. This is particularly relevant for shareholders who are subject to foreign share taxation.