On 18 May, Bilia AB announced that Investment AB Öresund was issuing options to executives at Bilia AB. The redemption price was said to be SEK 120 per share. In view of the changes that have taken place on the market over the past few days, the redemption price has now been adjusted to SEK 110 per share. Otherwise, the previous conditions still apply.
Subscription to these options has now ended and all the members of the group management team, as well as other leading executives, chose to subscribe to the options they were offered. In addition, 41 executives in key positions in the Group chose to subscribe to options. Taken as a whole, this means that a total of 200,000 options were subscribed to; of these, 38,000 were subscribed to by the managing director and 20,000 and 14,000 respectively by two other members of group management.
Göteborg, 30 May 2006
Bilia AB (publ)
