Share Issue/Capital Change • Jun 4, 2008
Share Issue/Capital Change
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PRESS RELEASE 4 June 2008
Senior executives at Sweco, who collectively have 262,000 warrants with a term lasting through 31 October 2008, and which entitles them to 1,530,080 series B shares, have assigned HQ Bank to investigate conditions for placing shares in Sweco AB (publ) with investors that correspond to the options through so-called book-building.
As previously reported, a decision regarding a new warrant programme, directed to approximately 50 senior executives in the Sweco group, which will be offered at a market-based premium of SEK 6.35 per option to purchase a total of 1,700.000 warrants, was decided by Sweco's Annual General Meeting on 10 April.
At the end of the application period, 45 senior executives had expressed interest in acquiring a total of 1,252,000 warrants. 448,000 warrants have been retained to be offered to future senior executives. The new subscription for shares through the exercise of the warrants can be carried out during the period 30 May – 30 November 2011 at a subscription price of SEK 65.00 per share.
Sweco is a provider of international consulting engineering services with combined expertise in engineering, environmental technology and architecture. The Group has annual sales of approximately SEK 4.6 million and 5,400 employees in ten countries. The company has projects currently underway in some 80 countries worldwide. Sweco is a member of the OMX Nordic Exchange Stockholm.
For further information please contact: Mats Wäppling, President & CEO of Sweco, +46 8 695 66 07, [email protected] Bo Jansson, Executive Vice President & CFO of Sweco, +46 8 695 66 06, [email protected]
The information contained herein is subject to the disclosure requirements in the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was submitted by Sweco for publication at 8:45 a.m. on 4 June 2008.
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