The origin of Modern Times Group was the launch of the first commercial television channel in Scandinavia, TV3, by the media arm of investment company Industriförvaltnings AB Kinnevik on New Year's Eve 1987.
Kinnevik's Annual General Meeting in May 1997 approved the demerger of Modern Times Group by means of the distribution of MTG shares as a dividend to Kinnevik shareholders.
Following Kinnevik’s AGM MTG’s shares were listed on the Stockholmsbörsen’s “SBI” list and on the Nasdaq National Market in New York (in the form of American Depositary Receipts) in September 1997. MTG’s shares were then quoted on the Stockholmsbörsen O-list in May 1999. The Class A and Class B shares are now listed on the Large Cap list of Nasdaq OMX Stockholm with the symbols ‘MTGA’ and ‘MTGB’.
Share classes
|
31 August 2011
|
Number of shares issued
|
Par value
|
% of votes
|
% of capital
|
|
MTG Class A
|
5,878,931
|
29.4
|
49.3
|
8.7
|
|
MTG Class B
|
60,903,193 |
304.5
|
50.7
|
90.0
|
|
MTG Class C
|
865,000
|
4.3
|
-
|
1.3
|
|
Total number of shares
|
67,647,124
|
338.2
|
100.0
|
100.0
|
The holder of an MTG A share is entitled to ten voting rights, the holder of an MTG B and MTG C share one voting right. Class C shareholders are not entitled to dividend payments. The Company holds 865,000 Class C shares and 378,887 Class B shares respectively, and these votes are not accounted for in the table above.
Historical per share data
|
Per share data
|
2010
|
2009
|
2008
|
2007
|
|
Shares issued at year-end
|
67,407,124
|
66,746,815
|
66,370,375
|
66,352,540
|
|
Weighted average shares after dilution *)
|
66,377,452
|
65,891,592
|
65,955,478
|
67,157,781
|
|
Weighted average shares before dilution
|
66,024,365
|
65,891,592
|
65,908,373
|
66,945,776
|
|
Market price of Class 'B' share on the last trading day of the year (SEK)
|
445.00
|
355.90
|
168.50
|
455.00
|
|
Diluted earnings per share (SEK) *)
|
53.03
|
-30.97
|
42.93
|
20.11
|
|
Basic earnings per share (SEK)
|
53.34
|
-30.86
|
43.25
|
20.35
|
|
Diluted shareholders' equity per share (SEK)
|
93.98
|
86.20
|
136.15
|
87.48
|
|
Basic shareholders' equity per share (SEK)
|
94.48
|
86.20
|
136.25
|
87.76
|
|
Cash dividend/proposed cash dividend (SEK)
|
7.50
|
5.50
|
5.00
|
15.00
|
*) The Group has implemented share option programmes that may be exercised into 627,090 new Class B shares (number of potential new shares as per 30 June 2011).