Shareholder Structure
10 largest shareholders (31 March 2025)
| Shareholder | Number of shares | % of capital and votes |
| Candle Lake Limited (Kenneth Dart) | 31,790,198 | 15.01% |
| Österbahr Ventures AB | 22,400,140 | 10.57% |
| Capital Group | 21,095,336 | 9.96% |
| Vanguard | 7,416,123 | 3.50% |
| BlackRock | 7,407,335 | 3.50% |
| Richard Livingstone | 4,056,678 | 1.92% |
| Norges Bank Investment Management | 3,236,934 | 1.53% |
| Avanza Pension | 3,180,678 | 1.50% |
| Canada Pension Plan Investment Board (CPP) | 2,945,350 | 1.36% |
| Tiger Global Management | 2,690,331 | 1.24% |
| Total, 10 largest shareholders | 106,219,103 | 50.09% |
| Treasury shares | 7,371,042 | 3.48% |
| Others | 90,872,017 | 46.43% |
| TOTAL | 211,833,204 | 100% |
Source: Monitor by Modular Finance AB. Compiled and processed data from various sources, including Euroclear, Morningstar and the Swedish Financial Supervisory Authority (Finansinspektionen).
