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Kinnevik AB (KINVa.ST)

KINVa.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kinnevik CFO To Leave Company
Monday, 17 Jun 2019 

June 17 (Reuters) - Kinnevik AB ::MANAGEMENT CHANGES IN KINNEVIK.CHIEF FINANCIAL OFFICER JOAKIM ANDERSSON WILL LEAVE KINNEVIK.JOAKIM ANDERSSON WILL REMAIN IN HIS ROLE UNTIL 31 DECEMBER 2019 OR UNTIL A NEW CHIEF FINANCIAL OFFICER IS IN PLACE.  Full Article

Kinnevik Withdraws Its Current Offering Of Shares In Millicom
Thursday, 13 Jun 2019 

June 12 (Reuters) - Kinnevik AB ::REG-KINNEVIK WITHDRAWS ITS CURRENT OFFERING OF SHARES IN MILLICOM.KINNEVIK - DUE TO UNFAVORABLE MARKET CONDITIONS, IT IS WITHDRAWING ITS PUBLIC OFFERING OF 11.0 MILLION SHARES IN MILLICOM INTERNATIONAL CELLULAR S.A..  Full Article

Kinnevik Intends To Reallocate Its Proceeds From Millicom Offering Into New Investments
Monday, 3 Jun 2019 

June 3 (Reuters) - Kinnevik AB ::KINNEVIK - INTENDS TO REALLOCATE ITS PROCEEDS FROM MILLICOM OFFERING INTO NEW INVESTMENTS.  Full Article

Kinnevik Intends To Divest Its Shareholding In Millicom
Monday, 3 Jun 2019 

June 4 (Reuters) - Kinnevik AB ::SAID ON MONDAY KINNEVIK INTENDS TO DIVEST ITS SHAREHOLDING IN MILLICOM THROUGH A PUBLIC OFFERING AND A DISTRIBUTION TO KINNEVIK'S SHAREHOLDERS.COMPANY FILED REGISTRATION WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION TO REGISTER PUBLIC OFFERING OF 11.0 MILLION SHARES IN MILICOM, CORRESPONDING TO AROUND 29% OF KINNEVIK'S TOTAL SHAREHOLDING IN MILICOM.KINNEVIK HAS GRANTED THE UNDERWRITERS IN THE OFFERING THE OPTION TO PURCHASE UP TO 1.65 MILLION ADDITIONAL SHARES IN MILLICOM FROM KINNEVIK.BOARD OF KINNEVIK INTENDS TO PROPOSE A DISTRIBUTION OF KINNEVIK'S REMAINING SHAREHOLDING IN MILLICOM TO KINNEVIK’S SHAREHOLDERS DURING DECEMBER 2019 .  Full Article

Kinnevik To Invest Sek 0.9 Bln In MatHem
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Kinnevik AB ::REG-KINNEVIK COMMITS TO INVEST SEK 0.9BN IN MATHEM AND BECOMES LEAD SHAREHOLDER WITH A 38% STAKE.COMBINATION OF 0.4BN IN PRIMARY CAPITAL AND 0.5BN IN SECONDARY SHARES TAKING KINNEVIK'S OWNERSHIP TO 38%.CLOSING IS CONDITIONAL ON CUSTOMARY REGULATORY APPROVALS AND IS EXPECTED DURING Q1 OF 2019.MATHEM HAD A TURNOVER OF APPROXIMATELY SEK 1.5BN IN 2018.  Full Article

Kinnevik Nomination Committee Proposes Two New Directors To Kinnevik Board
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Kinnevik AB ::REG-CRISTINA STENBECK, ERIK MITTEREGGER AND MARIO QUEIROZ WILL NOT STAND FOR RE-ELECTION IN 2019, AND THE NOMINATION COMMITTEE PROPOSES TWO NEW DIRECTORS TO THE KINNEVIK BOARD.WILL PROPOSE SUSANNA CAMPBELL AND BRIAN MCBRIDE AS NEW BOARD MEMBERS.  Full Article

Kinnevik Q3 net asset value 78.8 bln SEK
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Kinnevik AB ::KINNEVIK Q3 TOTAL INVESTMENTS OF SEK 1,529M IN Q3 IN SIX NEW COMPANIES.KINNEVIK SAYS NET ASSET VALUE OF SEK 78.8BN (SEK 286 PER SHARE), DOWN SEK 17.6BN OR 18% DURING QUARTER.  Full Article

Kinnevik says Global Fashion Group Q2 sales grow, EBITDA loss narrows
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Kinnevik AB ::FINANCIAL RESULTS FOR THE SECOND QUARTER 2018 FOR GLOBAL FASHION GROUP.SAYS GFG GROUP NET REVENUE FOR THE QUARTER WAS EURO 297.8M, REPRESENTING CONSTANT CURRENCY GROWTH OF 21.1%, OR 5.6% GROWTH IN ABSOLUTE EURO TERMS.SAYS GLOBAL FASHION GROUP Q2 ADJUSTED EBITDA -6.8 MILLION EURO (-12.1).  Full Article

Sweden's Kinnevik Invests NOK 300 Mln In Kolonial.No
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Kinnevik AB ::INVESTS IN KOLONIAL.NO - THE LEADING ONLINE GROCERY STORE IN NORWAY.SAYS HAS INVESTED NOK 300M IN KOLONIAL.NO AS FOR A 15% STAKE IN NORWEGIAN ONLINE GROCERY RETAILER.SAYS INVESTED NOK 200M IN PRIMARY CAPITAL AND A FURTHER NOK 100M IN SECONDARY SHARES.  Full Article

Kinnevik net asset value was 350 SEK/share by end of Q2
Friday, 20 Jul 2018 

July 20 (Reuters) - Kinnevik AB ::SAYS NET ASSET VALUE OF SEK 96.4BN (SEK 350 PER SHARE), UP SEK 3.1BN OR 3% DURING QUARTER, MAINLY DRIVEN BY ZALANDO AND TELE2.SAYS TOTAL INVESTMENTS OF SEK 789M IN Q2.  Full Article

UPDATE 1-Kinnevik drops planned Millicom sale, cites market conditions

June 13 Swedish investment company Kinnevik on Thursday scrapped plans to exit its holding in telecommunications firm Millicom through a public offering and distribution to Kinnevik shareholders, citing unfavorable market conditions.