The last day of trading including the dividend is Friday, May 26. Trading of the purchase rights will go on until June 16. The period of application of purchase of shares in SEC is June 13 - June 21.
A confirmation of the allotted purchase rights will be distributed by Värdepapperscentralen VPC AB a few days after the date of record. The detailed conditions for the sale of shares in SEC will be made public in a prospectus by the beginning of June.
On April 25, 2000, the Kinnevik board of directors decided to propose to the Annual General Meeting to distribute to the shareholders a cash dividend of SEK 1 per share and a dividend in kind in the form of purchase rights in SEC. The purchase rights give right to purchase shares in SEC. For every 7 series A shares in Kinnevik the owner is entitled to buy one series A share in SEC. For every 7 series B shares in Kinnevik the owner is entitled to buy one series B share in SEC. The price of each share in SEC is SEK 11.70.
The Annual General Meeting in Kinnevik will be held on Friday, May 26, 2000.
Stockholm, May 23, 2000
INDUSTRIFÖRVALTNINGS AB KINNEVIK
For further information:
Jan Mattsson, CFO, phone +46 8 562 000 00
Jan Mattsson, CFO, phone +46 8 562 000 00
