LUND, Sweden, April 18, 2002 (PRIMEZONE) -- As previously announced, the Board of Wilh. Sonesson has decided that it will propose to the Annual General Meeting, to be held on April 24, 2002, a division of operations into two separate companies, Wilh. Sonesson Consumer Healthcare and Active Capital and to distribute the holding in Optilink among Wilh. Sonesson's shareholders. The reason is to create better conditions for the company and generate greater value for the shareholder.
On April 17, 2002, an information memorandum was presented to Wilh. Sonesson's shareholders regarding the sale of the subsidiary, Active Capital AB, and the distribution of the shares in Optilink. The memorandum can be read and downloaded at the Group's website, www.wilhsonesson.com.
Summary of conditions and preliminary schedule for subscription for shares in Active Capital during 2002:
Selling price: SEK 4 per share
Preferential rights: One (1) existing share in Wilh. Sonesson
entitles the holder to one (1) purchase right.
One (1) purchase right carries the right to
purchase one new share of the same class.
June 12 Record date for receipt of purchase rights
June 18 - June 28 Trading in purchase rights
June 18 - July 3 Period of application for the offering
July 17 (prel.) First day of listing for Active Capital on the
O-list of Stockholmsborsen (the Stockholm
exchange)
Wilh. Sonesson offers health products that satisfy a growing consumer demand. Health products comprise pharmaceuticals, naturopathic preparations, dietary supplements, and related personal care products.
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