Investment AB Kinnevik (publ) ("Kinnevik") today announced that the
company has subscribed for 51.9% in Metro's issue of debentures and
warrants, of which 44.1% with preferential rights and 7.8% in
addition to this, in accordance with previously granted guarantee.
In total, the payment will amount to SEK 274 million. For further
information regarding the financing structure, please refer to
Metro's website www.metro.lu.
For further information, visit www.kinnevik.se or contact:
Mia Brunell Livfors, President and Chief +46 (0)8 562 000 00
Executive Officer
Torun Litzén, Director Investor Relations +46 (0)8 562 000 83
+46 (0)70 762 00 83
Investment AB Kinnevik's objective is to increase shareholder value,
primarily through net asset value growth. Kinnevik manages a
portfolio of investments focused around three comprehensive business
areas; Major Unlisted Holdings which includes the cartonboard and
paper company Korsnäs including shares in Bergvik Skog, Major Listed
Holdings which includes Millicom International Cellular, Tele2,
Modern Times Group MTG, Metro International and Transcom WorldWide,
and New Ventures which is active in finding new investments in small
and mid sized companies which has a significant growth potential.
Kinnevik plays an active role on the Boards of its holdings.
The Kinnevik's class A and class B shares are listed on the NASDAQ
OMX Stockholm's list for large cap companies, within the financial
and real estate sector. The ticker codes are KINV A and KINV B.
