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Rottneros — Share Issue/Capital Change 2010
Jun 7, 2010
3105_rns_2010-06-07_9e54a686-9cc0-474d-a8fc-e3117499373d.pdf
Share Issue/Capital Change
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PRESS RELEASE
Rottneros AB (publ) Box 70 370, SE-107 24 Stockholm, Sweden Tel +46 8 590 010 00 www.rottneros.com
Stockholm, 7 June 2010
Rottneros: Rounding of small shareholdings completed through commission-free trade
A decision was made at the AGM of Rottneros to reduce the number of shares in the company by a reverse split of shares where ten (10) existing shares were combined as one (1) share, which was implemented on 5 May 2010. In order to make it easier for small shareholders who, before the reverse split, owned less than 1,000 shares and also holders of up to 3,000 call options to round off their holdings under the reverse split, these share and option holders were offered commission-free trade. In total this offer related to 5,300 shareholders and 8,400 option holders.
When the offer expired on 28 May, 416 shareholders had sold on average 32 shares and 515 bought 30 shares, resulting in a net purchase of 5,313 shares at the price of SEK 7.20. 1,186 holders of call options had on average sold 812 options while 1,398 holders bought 1,147 options. This resulted in a net purchase of 1,003,306 call options at the price of 16 öre.
For further information please contact: Tomas Hedström, Chief Financial Officer, +46 8 590 010 00
Rottneros discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The Information was submitted for publication on 7 June 2010 at 15.45 CET.
Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes the wood procurement company Rottneros Baltic SIA in Latvia and the sales company Rottneros S.A. in Belgium. The Rottneros Packaging AB division produces food packaging made from paper pulp. The Group has around 350 employees and had a turnover of approximately SEK 1.5 billion in the 2009 financial year.