STOCKHOLM, Sweden, Nov. 01, 2004 (PRIMEZONE) -- The board of Scania proposes that an extra general meeting (EGM) of Scania decides on a public offer to the shareholders of Ainax AB ("Ainax") to acquire all outstanding shares in the company (the "Proposed Offer").
Ainax' Board has just received this information and will analyse what consequences this might have on Ainax' shareholders. The Board will revert to the shareholders with a recommendation after taking part of the contents of the prospectus and after making an evaluation of the consequences for the shareholders.
For further information, please contact: Mariana Burenstam Linder, CEO, +46 8 611 8810, or +46 8 705 95 2250 www.ainax.se
Ainax
Ainax AB holds 27,320,838 Series A shares in Scania, corresponding to 24.8 per cent of the votes and 13.7 per cent of the capital. The objective is to create the highest possible value for Ainax' shareholders through realizing the added value that may exist in a controlling stake.
The number of Ainax shares corresponds to the holding of Scania Series A shares, thus providing a transparent basis for the valuation of the company. With funding provided for its operations and an efficient organization the intention is to redistribute in full dividends received from the holding to Ainax' shareholders. If a sale has not occurred before 1 May 2008, Ainax' assets will be distributed to the shareholders.
The Ainax share is traded on Nya Marknaden (New Market) since 8 June 2004.
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The following files are available for download:
http://www.waymaker.net/bitonline/2004/11/01/20041101BIT21480/wkr0001.pdf
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