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Kinnevik — AGM Information 2009
May 11, 2009
2935_rns_2009-05-11_5519b352-3394-4c7c-8e51-1040a1909c95.pdf
AGM Information
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PRESS RELEASE 11 May 2009
EXTRAORDINARY GENERAL MEETING 2009
Investment AB Kinnevik (publ) ("Kinnevik") today announced that the Company's Extraordinary General Meeting (EGM) held today voted to support all of the resolutions proposed to the EGM.
Approval of the acquisition of all the shares in Emesco AB.
The EGM passed a resolution to approve Kinnevik's acquisition of all the 1,635 shares in Kinnevik's largest shareholder, Emesco AB, from Emesco's three current shareholders Sapere Aude Trust Reg., Hugo Stenbecks Stiftelse and the Estate of Jan Hugo Stenbeck.
Resolution on the issue of class B shares.
As a consequence of the acquisition of Emesco, the EGM resolved to increase the Company's share capital with no more than SEK 1,667,626.00 by issuing no more than 16,676,260 new class B shares in the Company, with a ratio value of SEK 0.10 per share.
The transaction will be closed when all required approvals are in place.
For further information, visit www.kinnevik.se or contact:
| Mia Brunell Livfors, President and Chief Executive Officer | +46 (0)8 562 000 00 |
|---|---|
| Torun Litzén, Director Investor Relations | +46 (0)8 562 000 83 |
| +46 (0)70 762 00 83 |
Investment AB Kinnevik's objective is to increase shareholder value, primarily through net asset value growth. Kinnevik manages a portfolio of investments focused around three comprehensive business areas; Major Unlisted Holdings which includes the cartonboard and paper company Korsnäs including shares in Bergvik Skog, Major Listed Holdings which includes Millicom International Cellular, Tele2, Modern Times Group MTG, Metro International and Transcom WorldWide, and New Ventures which is active in finding new investments in small and mid sized companies which has a significant growth potential. Kinnevik plays an active role on the Boards of its holdings.
The Kinnevik's class A and class B shares are listed on the NASDAQ OMX Stockholm's list for large cap companies, within the financial and real estate sector. The ticker codes are KINV A and KINV B.