VEF’s purpose is to create long term shareholder value for our shareholders by investing in the future of finance across the emerging world.

Share and insider information


Below table represent the ten largest shareholders in VEF AB (publ).
The total number of shareholders in VEF AB (publ) amounts to approximately 14,000.

Share capital

VEF Ltd’s share capital is distributed among 1,096,252,478 shares with a par value of SEK 0.01 per share as set out in the table below. Each share of the Company carries 1 vote. The Common Shares trade on Nasdaq First North Growth Market. Shares of Class C 2019, Class C 2020 and Class C 2021 are held by employees of VEF under the long-term incentive programs. The incentive shares are convertible to Common Shares pursuant to the terms set out in VEF’s articles of association.

Share classNumber of sharesNumber of votesShare capital (SEK)
Common Shares1,042,289,9781,042,289,97810,422,899.8
Class C 201912,400,00012,400,000124,000.0
Class C 202033,250,00033,250,000332,500
Class C 20218,312,5008,312,50083,125.0

Owner concentration

Owners by country

Owners by type


Insider transactions

Stock table

Stock chart

VEF podcasts and video content


Investor webinar with David Arana, founder and CEO of Konfío, moderated by David Nangle, CEO of VEF.



Dave Nangle, CEO of VEF talks to Taner and Nikos at Atlant Fonder



Dave Nangle, CEO of VEF on the Wharton Fintech podcast– Unlocking Fintech Investment Opportunities in Emerging Markets

Wharton Fintech Podcast


David Nangle, CEO of VEF interviewed by Tilman Versch at the Good Investing channel

Good Investing

Creditas and Konfio

VEF CEO Dave Nangle in talks with portfolio company founders Sergio Furio of Creditas and David Arana of Konfío

Creditas and Konfío

Financial calendar

4Q20 report

Wednesday 03 February, 2021

Annual report 2020

Wednesday 31 March, 2021

1Q21 report

Wednesday 28 April, 2021

AGM 2021

Thursday 06 May, 2021

2Q21 report

Wednesday 28 July, 2021

3Q21 report

Wednesday 03 November, 2021

4Q21 report

Wednesday 02 February, 2022