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Kinnevik AB (KINVb.ST)

KINVb.ST on Stockholm Stock Exchange

242.20SEK
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242.50kr
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241.80kr
Volume
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Latest Key Developments (Source: Significant Developments)

Kinnevik Commits To Place Order In Global Fashion Group IPO
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Kinnevik AB ::REG-KINNEVIK IRREVOCABLY COMMITS TO PLACE AN ORDER IN GLOBAL FASHION GROUP’S INITIAL PUBLIC OFFERING.SAYS ANNOUNCED THAT IT HAS IRREVOCABLY COMMITTED TO PLACE AN ORDER FOR SHARES IN AMOUNT OF EUR 60M AS PART OF GLOBAL FASHION GROUP'S ("GFG") INITIAL PUBLIC OFFERING.SAYS KINNEVIK AND SECOND LARGEST SHAREHOLDER IN GFG HAVE COMMITTED TO PLACE ORDERS FOR SHARES IN IPO FOR A TOTAL AMOUNT OF EUR 100M IN IPO AT A PRICE OF EUR 4.50 PER SHARE.  Full Article

Kinnevik Net Asset Value SEK 84.3 Billion At End-March
Friday, 26 Apr 2019 

April 26 (Reuters) - Kinnevik AB ::Q1 TOTAL INVESTMENTS OF SEK 1,048 MILLION.NET ASSET VALUE SEK 84.3 BILLION AT END-MARCH VERSUS SEK 93.3 BILLION YEAR AGO."WE AIM TO DELIVER AN ANNUAL TOTAL SHAREHOLDER RETURN OF 12-15% OVER THE BUSINESS CYCLE"."GIVEN THE NATURE OF KINNEVIK’S INVESTMENTS, OUR GOAL IS TO CARRY LOW LEVERAGE, NOT EXCEEDING 10% OF PORTFOLIO VALUE".  Full Article

Kinnevik Net Asset Value at 339 SEK/share March 31
Thursday, 26 Apr 2018 

April 26 (Reuters) - Kinnevik AB ::REG-KINNEVIK: INTERIM REPORT 1 JANUARY - 31 MARCH 2018.SAYS NET ASSET VALUE OF SEK 93.3BN (SEK 339 PER SHARE) UP SEK 2.7BN OR 3% DURING THE QUARTER, LED BY A SEK 1.6BN INCREASE IN ZALANDO AND A SEK 0.7BN INCREASE IN MILLICOM .SAYS PROPOSED MERGER BETWEEN TELE2 AND COM HEM ANNOUNCED ON 10 JANUARY IS ON TRACK.  Full Article

Kinnevik announces Q4 results for Global Fashion Group
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Kinnevik AB ::FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2017 FOR GLOBAL FASHION GROUP (GFG).SAYS FOR GFG Q4 NET REVENUE WAS EURO 328.0M, DELIVERING FULL YEAR NET REVENUE OF EURO 1,095.0M WHICH REPRESENTS 22.7% CONSTANT CURRENCY PRO FORMA GROWTH FOR THE QUARTER AND 19.9% FOR THE FULL YEAR.SAYS Q4 ADJUSTED EBITDA MARGIN FOR GFG IMPROVED BY 350 BASIS POINTS VERSUS Q416 TO (6.5%) OF NET REVENUE.SAYS GROSS PROFIT MARGIN FOR GFG IN Q417 DECLINED 4.4 PERCENTAGE POINTS FROM Q416, LARGELY DUE TO REQUIRED PRICE INVESTMENTS TO TRADE EFFECTIVELY ACROSS OUR MARKETS AS WELL AS PRODUCT MIX EFFECTS.  Full Article

Kinnevik says largest owner Verdere grants call options to Kinnevik CEO Ganev
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Kinnevik ::REG-VERDERE GRANTS CALL OPTIONS TO KINNEVIK'S CEO.SAYS LARGEST SHAREHOLDER VERDERE S.À R.L. HAS AGREED TO GRANT 200,000 CALL OPTIONS THAT ENTITLES TO PURCHASE 200,000 KINNEVIK CLASS B SHARES TO KINNEVIK'S CHIEF EXECUTIVE OFFICER GEORGI GANEV IN ORDER TO FURTHER ALIGN HIS INTEREST WITH KINNEVIK'S SHAREHOLDERS.​.  Full Article

Kinnevik Net Asset Value​ 329 SEK/share per December 31
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Kinnevik ::SAYS ‍KINNEVIK'S BOARD OF DIRECTORS RECOMMENDS AN ORDINARY DIVIDEND OF SEK 8.25 PER SHARE FOR 2017, A YEARLY INCREASE OF 3.1%, AND EQUIVALENT TO A DIVIDEND YIELD OF 3.0%​.SAYS ‍NET ASSET VALUE OF SEK 90.6BN (SEK 329 PER SHARE) PER 31 DECEMBER 2017.UP SEK 5.0BN OR 6% DURING THE FOURTH QUARTER, LED BY A SEK 2.1BN INCREASE IN ZALANDO AND A SEK 1.1BN INCREASE IN TELE2 .FULL-YEAR TOTAL INVESTMENTS OF SEK 4.8BN, WHEREOF SEK 3.7BN INTO COM HEM. TOTAL DIVESTMENTS OF SEK 5.3BN, WHEREOF SEK 4.1BN FROM THE SALE OF ROCKET INTERNET​.  Full Article

Kinnevik supports proposed merger between Tele2 and Com Hem, becomes largest owner
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Kinnevik ::KINNEVIK SUPPORTS THE PROPOSED MERGER BETWEEN TELE2 AND COM HEM AND WILL BECOME THE LARGEST OWNER IN THE COMBINED COMPANY.SAYS ‍WHEN MERGER HAS BEEN COMPLETED, KINNEVIK WILL BECOME LARGEST SHAREHOLDER IN COMBINED COMPANY, HOLDING 27.3 PERCENT OF SHARES AND 41.9 PERCENT OF VOTES​.  Full Article

Kinnevik proposes Amelia Fawcett as new chairman
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Kinnevik AB ::REG-DAME AMELIA FAWCETT PROPOSED TO BE ELECTED CHAIRMAN OF KINNEVIK.DAME AMELIA FAWCETT HAS BEEN A DIRECTOR OF THE BOARD OF KINNEVIK SINCE 2011 AND HAS SERVED AS DEPUTY CHAIRMAN SINCE 2013.SHE SUCCEEDS TOM BOARDMAN WHO HAS DECIDED NOT TO STAND FOR RE-ELECTION AT THE ANNUAL GENERAL MEETING 2018.  Full Article

MTG CEO confirms 2017 forecasts
Wednesday, 29 Nov 2017 

STOCKHOLM, Nov 29 (Reuters) - Swedish media firm MTG CEO Jorgen Madsen Lindemann to Reuters ahead of Wednesday's capital markets day::* Repeats sees higher sales, profit for MTG Group this year vs 2016.* Repeats expects MTGx, an important growth engine for the firm, to make its first profit in Q4 this year.* MTG made an operating profit of 1.35 bln SEK in 2016, on sales of 17.3 bln SEK.* MTG is in the midst of transforming from a traditional broadcaster into a digital entertainment firm, investing in online gaming, esports and digital video networks while divesting broadcasting operations.  Full Article

Kinnevik: Global Fashion Group Q3 operating loss roughly unchanged
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Kinnevik ::SAYS GLOBAL FASHION GROUP NET REVENUE FOR Q3 WAS EUR 256.4 MILLION (215.6).SAYS GLOBAL FASHION GROUP ADJUSTED EBITDA FOR THE QUARTER WAS EURO (32.6) MLN, WITH MARGIN IMPROVING BY 2.8 PERCENTAGE POINTS TO (12.7)% OF NET REVENUE.ADJUSTED EBITDA IN Q3 2016 WAS EUR (33.3) MLN .  Full Article

Global Fashion Group shares fall after stock market debut

BERLIN, July 2 Shares in Global Fashion Group (GFG) opened at 4.47 euros ($5.05) on Tuesday before dipping to 4.34 euros at 0727 GMT on their first day of trading following their stock market listing in Frankfurt.