Disclosure Notice SCA
DISCLOSURE NOTICE
Industrivärden contributes to SCAs personnel options program
Industrivärden today, through its subsidiary Nordinvest, subscribed for shares in a directed cash issue as part of SCA's personnel options program for senior executives. The participation is a natural part of its work as an active owner on supporting its major holding-companies in strategic matters.
The resolution on the issue was made at SCA's Annual General Meeting on April 6, 2001.
All 1,800,000 Class C shares in the cash issue have been directed at Industrivärden’s subsidiary Nordinvest. The subscription price corresponds to the par value of the shares, SEK 10. The new shares were subscribed and paid for on May 18, 2001.
SCA's board of directors was authorized by the Annual General Meeting to acquire all Class C shares in order to subsequently transfer them to the employees included in the personnel options program. Industrivärden intends to exercise the offer made by SCA to acquire the issued shares.
Additional information about SCA's personnel options program and the related issues is provided in the company's press release of April 6, 2001.
Following the above-mentioned issue, the Industrivärden group’s holding in SCA amounts to 18,982,000 Class A shares, 1,105,532 Class B shares, and 1,800,000 Class C shares, corresponding to 28.8 percent of the company's votes and 9.3 percent of the capital stock.
Stockholm, Sweden, May 18, 2001
AB INDUSTRIVÄRDEN (publ)
For further information, please contact:
Carl-Olof By, Executive Vice President and CFO, tel. +46-8-666 64 00, or
Lennart Engström, Executive Vice President and CIO, tel. +46-8-666 64 00
|