AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Eniro Group

AGM Information Oct 9, 2007

3156_rns_2007-10-09_030d6858-8cd6-4eb5-bd4b-da8c6b76699d.pdf

AGM Information

Open in Viewer

Opens in native device viewer

PRESS RELEASE October 9, 2007

The Extraordinary General Meeting resolved on a redemption program of about SEK 2 billion

The Extraordinary General Meeting has today resolved to distribute about SEK 2,000 million to the shareholders through a voluntary redemption program.

The Extraordinary General Meeting has today resolved on a distribution of a maximum amount of SEK 1,992,128,094 to the shareholders in accordance with the Board of Directors' complete proposal. According to the resolution, the Company's share capital will be reduced with a maximum amount of SEK 20,122,506 to be repaid to the shareholders and at the highest 20,122,506 shares will be redeemed. The remaining amount to be paid to the shareholders shall be transferred from non-restricted reserve. To avoid an approval process with the Swedish Companies Registration Office, the Extraordinary General Meeting resolved on a simultaneous bonus issue without issue of new shares.

The conditions in brief

  • Redemption right: For each share in Eniro, one (1) redemption right is received

  • Redemption: Nine redemption rights entitle the holder to redeem one (1) share in Eniro for SEK 99

The record date for receiving redemption rights is October 12, 2007, which means that the shares will be trading excluding right to receive redemption rights as of October 10, 2007.

Time table:

  • Information brochure and application form distributed: October 18, 2007
  • Application period: October 24 November 19, 2007

  • Trading in redemption rights on OMX Nordic Exchange Stockholm: October 24 – November 14, 2007

  • Payment of redemption amount is expected to be made at the latest by the end of December 2007

A sale of up to 1,000 redemption rights free of commission will be provided through Carnegie Investment Bank AB (publ) ("Carnegie") during October 24 – November 8, 2007 following a specific application procedure.

Shareholders who wish further information regarding the application procedure may call Carnegie at +46 8 588 694 80.

For further information:

Mikael Engqvist, Chief Legal Officer, tel +46 8 553 310 30, +46 70 590 22 79 Åsa Wallenberg, IR manager, tel +46 70 361 34 09, [email protected]

www.eniro.com

Eniro is the leading search company in the Nordic media market. Eniro makes it easy to find people, businesses and products using directories, directory assistance, Internet and mobile services. Eniro has operations in Sweden, Norway, Finland, Denmark and Poland.

Eniro is listed on the Stockholm Stock Exchange and has some 5,000 employees. In 2006, revenues amounted to SEK 6,372 M, with EBITDA of SEK 2,220 M. Operating revenues and EBITDA excluding discontinued operations.

Talk to a Data Expert

Have a question? We'll get back to you promptly.