A decision was made at the AGM of Rottneros on 22 April 2010 to issue no more than 30 million subscription warrants to be used for a subscription warrant programme for eight senior executives.
The subscription period has now expired and 12 million subscription warrants will be assigned to those entitled to subscribe. The price per option amounts to SEK 0.10. Ten subscription warrants are required to subscribe for one new ordinary share. The issue price amounts to SEK 9.75 per share and it is possible to subscribe for shares during the period 17 May 2011 to 16 May 2013.
The company intends to cancel subscription warrants that have not been assigned. The dilution effect will amount to 0.8 per cent in the event that all the warrants are exercised.
For further information please contact:
Tomas Hedström, Chief Financial Officer, +46 8 590 010 00
Published in
European News