Investor AB Files SC 13D for Ericsson LM Telephone Co
Ticker: ERIXF · Form: SC 13D · Filed: May 21, 2024 · CIK: 717826
| Field | Detail |
|---|---|
| Company | Ericsson Lm Telephone Co (ERIXF) |
| Form Type | SC 13D |
| Filed Date | May 21, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $146,392,484 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, stakeholder-filing, telecom
Related Tickers: ERIC
TL;DR
**Investor AB updates Ericsson stake via SC 13D.**
AI Summary
Investor AB, through its subsidiary Investor AB, has filed a Schedule 13D indicating a change in its beneficial ownership of Ericsson LM Telephone Co. The filing, dated May 21, 2024, details Investor AB's holdings and intentions regarding the company's Class B Shares.
Why It Matters
This filing signals a significant stakeholder's updated position and potential influence over Ericsson LM Telephone Co., which could impact the company's strategic direction and stock performance.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, introducing uncertainty.
Key Players & Entities
- Investor AB (company) — Filing entity and beneficial owner
- Ericsson LM Telephone Co (company) — Subject company
- Petra Hedengran (person) — Person authorized to receive notices
- Alan M. Klein (person) — Contact person for copies
FAQ
What is the primary purpose of this SC 13D filing?
The primary purpose is to report a change in beneficial ownership of Ericsson LM Telephone Co. by Investor AB.
Who is the filing entity and who is the subject company?
The filing entity is Investor AB, and the subject company is Ericsson LM Telephone Co.
What class of securities is being reported?
The filing pertains to Ericsson LM Telephone Co.'s Class B Shares (SEK 5.00 nominal value).
When was this filing made?
The filing was made on May 21, 2024.
Who is authorized to receive notices and communications for this filing?
Petra Hedengran, Managing Director and General Counsel of Investor AB, is authorized to receive notices and communications.
Filing Stats: 2,343 words · 9 min read · ~8 pages · Grade level 15 · Accepted 2024-05-21 07:40:09
Key Financial Figures
- $146,392,484 — t of SEK 1,568,750,000 or approximately $146,392,484. The funds used in making such purchase
Filing Documents
- ef20029485_sc13d.htm (SC 13D) — 83KB
- 0001140361-24-026954.txt ( ) — 84KB
Signatures
Signatures After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 21, 2024 INVESTOR AB By: /s/ Petra Hedengran Name: Petra Hedengran Title: Managing Director and General Counsel By: /s/ Helena Saxon Name: Helena Saxon Title: Chief Financial Officer SCHEDULE A Directors and Executive Officers of Investor AB Name Position Citizenship Present Principal Occupation Chairman Swedish Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Marcus Wallenberg Vice Chairman Director Swedish Director of various companies Arsenalsgatan 4, SE-103 22 Stockholm, Sweden Christian Cederholm CEO, Director Swedish Chief Executive Officer, President, and Director, Investor AB Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Katarina Berg Director Swedish Chief Human Resources Officer: Spotify; Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Gunnar Brock Director Swedish Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Tom Johnstone Director British and Swedish Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Magdalena Gerger Director Swedish Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Grace Reksten Skaugen Director Norwegian Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Hans Strberg Director Swedish Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Isabelle Kocher Director French Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Sara hrvall Conradi Director Swedish Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Sven Nyman Director Swedish Director of various companies Arsenalsgatan 8C, SE-103 32 Stockholm, Sweden Mat