SOLNA, Sweden, Nov. 11, 2003 (PRIMEZONE) -- NCC AB's Board of Directors has decided that December 12 will be the record day for determining whether NCC shares qualify for allotments of Altima shares. The first day of trading in Altima shares on Stockholmsborsen's O List will be December 16.
NCCs Annual General Meeting on April 10, 2003 resolved to spin off the Altima shares. Each multiple of ten NCC shares (regardless of class) will carry rights to one Altima share. On Tuesday, NCC's Board set December 12, 2003 as the record date. A listing prospectus describing the spin-off in detail, and presenting Altima as an independent company, will be distributed to NCC shareholders during the week commencing November 24. Handelsbanken Capital Markets is assisting as adviser during the listing process.
The following are key dates in connection with the spin-off and listing of Altima shares:
2003
Week 48 Prospectus available at Handelsbanken Capital
Markets and distribution to NCC shareholders
starts
December 2 Capital markets day arranged by Altima in
central Stockholm for mass media and stock and
credit markets; 10 a.m. to 2 p.m.
December 9 Final day for trading in NCC shares with rights
to Altima shares
December 12 Record day for receiving Altima shares:
December 16 First day of trading in Altima shares
2004
January 23 Final day for participating in simplified
procedure
For those who are not NCC shareholders, the prospectus will be available as of November 24 via www.altimagroup.com, www.ncc.info and www.handelsbanken.se/aktuellaerbjudanden. It can also be ordered from Handelsbanken's bank offices in Sweden.
For further information, please contact: Ulf Wallin, General Counsel NCC AB tel +46 8 585 52147 or +46 70 524 2180 Annica Gerentz, IR-Manager NCC AB tel +46 8 8 585 52204 or +46 70 398 42 09
All of NCC's press releases are available on www.ncc.info NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2002 sales of SEK 45 billion, with 25,000 employees.
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The following files are available for download:
http://www.waymaker.net/bitonline/2003/11/11/20031111BIT00500/wkr0001.doc
http://www.waymaker.net/bitonline/2003/11/11/20031111BIT00500/wkr0002.pdf