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SKF Vertevo's Upcoming Share Distribution

On October 1, 2026, AB SKF held an Extraordinary General Meeting where a pivotal decision was made to distribute all shares of its subsidiary, SKF Vertevo AB. This momentous move is set to bring significant changes to the shareholder structure of SKF and is a testament to the company's strategic growth initiatives.

Key Details of the Share Distribution

The Board of Directors of SKF has authorized the record date for the share distribution to be November 27, 2026. Following this, trading in SKF Vertevo shares will commence on December 1, 2026, on Nasdaq Stockholm. This is an eagerly anticipated event as it marks the formal entry of SKF Vertevo into the public market.

The shares will be allocated to SKF shareholders based on their existing holdings. Specifically, for every five shares of series A held in SKF, shareholders are entitled to receive one share of series A in SKF Vertevo. Likewise, five shares of series B in SKF will provide a shareholder one share of series B in SKF Vertevo.

For shareholders whose holdings aren’t evenly divisible by five, the fractions of shares will be combined and sold, with the proceeds distributed to shareholders accordingly. This approach ensures that all shareholders at the record date will benefit from the distribution without further action needed on their part.

Previous Steps Leading Up to This Moment

This distribution follows a series of strategic decisions by SKF, including the earlier announcements on September 7 and September 17, 2026, regarding the steps taken towards SKF Vertevo's listing. The creation of SKF Vertevo was seen as a critical step in streamlining operations and enhancing the company's focus on its core businesses.

Importance of Transparency

Providing detailed information, the Swedish Financial Supervisory Authority has approved the prospectus regarding the stock’s admission to trading. This document is publicly accessible on both SKF's and SKF Vertevo's official websites, ensuring that shareholders have access to crucial information about their upcoming shares.

Key dates are clearly marked, including the last trading day of SKF shares, which is November 25, 2026, signaling the transition to the new trading structure. Any trading on November 26, 2026, will occur without rights to receive shares in SKF Vertevo.

Investors and market participants are anticipating this move as a way to invigorate interest in SKF's portfolio and underline its commitment to investors' returns. The introduction of SKF Vertevo highlights the company's intent to enhance shareholder value and expand on its already established market presence.

As the launch date draws closer, shareholders are encouraged to stay informed through the available resources and prepare for the upcoming changes in their investment portfolio. The strategic direction taken by SKF underscores the dynamic nature of the market and the ever-evolving structure of corporate entities aimed at achieving operational excellence.

In summary, SKF's distribution of the Vertevo shares not only represents a significant milestone in its business strategy but also aims at providing substantial value addition to its shareholders. This move is poised to further strengthen SKF's position within the industry and pave the way for future growth initiatives.