The Novestra share has been listed on the Stockholm Stock Exchange since June 21, 2000 and was listed on the Nasdaq OMX Stockholm, under the symbol NOVE, in the Small Cap section, on October 2, 2006. Novestra’s market value at the end of 2014 amounted to approximately MSEK 193 (195).
Since November 2002, a measure to increase liquidity has been undertaken by appointing Remium Securities AB as Novestra’s market maker. The share liquidity during 2014 has been good, the share was traded on 77 (81) percent of all trading days and the average turnover was 15 584 (40 959) shares per trading day. The total turnover amounted to
3 880 472 (10 239 728) shares, which corresponds to an annual turnover rate of approximately 0.10 (0.27).
The share opened at SEK 5.25 on the first day of trading in 2014 and closed at SEK 5.20 on the last day of trading. The average price during the year was SEK 5.01 (5.77) and the average turnover per trading day was SEK 78 586 (239 792).
Share capital structure
Novestra’s share capital amounts to SEK 37 187 973 distributed among 37 187 973 shares. The quota value is SEK 1.00. Each share carries one vote and each person entitled to vote may vote at shareholders’ meetings for the full number of shares held or represented at the meeting, without limitation of voting rights. Novestra has only one class of shares and all shares carry an equal right to a share in the company’s assets and profits. All shares are fully paid.
Option program
As at December 31, 2014, Novestra had no outstanding option programs.
Ownership structure
The total number of shareholders as at December 31, 2014 amounted to 1 461 (1 585). Foreign ownership accounted for 67.4 (67.9) percent of total outstanding shares.
Earnings per share
The group’s earnings per share amounted to SEK -0.08 (-1.15).
Dividend
The Board has not proposed a dividend for the financial year 2014.
The total return on the Novestra share since 2002 including dividends amounts to 198.8 percent, corresponding to an annual return of 9.6 percent. The total return index for the Stockholm stock exchange during the same period gave a return of 9.1 percent per year.
Divided policy
Starting with the financial year 2012, Novestra shall distribute funds to the shareholders in connection with any exit, corresponding to the proceedings received less sales expenses and with a deduction for reasonable funds necessary to secure the safe operation of the company.
Other share information
Shareholders’ equity per share at year-end amounted to SEK 5.5 (5.6). At the Annual General Meeting held on May 19, 2014, the Board of Directors was authorized up to the Annual General Meeting in 2015 to decide, on one or more occasions and with or without a preferential right for the shareholders, to issue a maximum of 6 000 000 new shares against payment in cash, in kind or by set-off. To date, this mandate has not been utilized.