Shareholder Structure

10 largest shareholders (30 September 2025)

ShareholderNumber of shares% of capital and votes
Kenneth Dart (Candle Lake Ltd)41,975,45720.53%
Österbahr Ventures AB22,400,14010.96%
Capital Group11,562,8855.66%
BlackRock8,564,1664.16%
Vanguard6,343,1993.10%
Richard Livingstone4,056,6781.98%
Avanza Pension2,699,9941.32%
EdgePoint Investment Management Inc2,612,5931.28%
Third Swedish National Pension Fund2,266,1621.11%
Avanza Fonder2,110,0631.03%
Total, 10 largest shareholders104,591,33751.13%
Treasury shares3,617,3711.17%
Others96,253,45447.10%
TOTAL204,462,162100%

Source: Monitor by Modular Finance AB. Compiled and processed data from various sources, including Euroclear, Morningstar and the Swedish Financial Supervisory Authority (Finansinspektionen).

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