Kinnevik participates in Transcom's new issue
(Thomson Reuters ONE) -
Investment AB Kinnevik (publ) ("Kinnevik") today announced that the company has
subscribed for 33.7% in Transcom's issue of new shares, of which 22.3% with
preferential rights and 11.4% in addition to this, in accordance with previously
granted guarantee.
In total, the payment will amount to SEK 169.7 million. For further information
regarding the rights issue, please refer to Transcom's website www.transcom.com.
Following the share issue, Kinnevik will own 33.0% of the capital and 39.7% of
the votes in Transcom.
For further information, visit www.kinnevik.se or contact:
Torun Litzén, Director Investor Relations +46 (0)8 562 000 83
+46 (0)70 762 00 83
Kinnevik was founded in 1936 and thus embodies more than seventy years of
entrepreneurship under the same group of principal owners. Kinnevik's objective
is to increase shareholder value, primarily through net asset value growth. The
company's holdings of growth companies are focused around seven comprehensive
business sectors; Paper & Packaging, Telecom & Services, Media, Online, Micro
financing, Agriculture and Renewable energy. Kinnevik has a long history of
investing in emerging markets which has resulted in a considerable exposure to
consumer sectors in these markets. 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.
Press release:
http://hugin.info/1114/R/1573196/489617.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kinnevik via Thomson Reuters ONE
[HUG#1573196]
Unternehmensinformation / Kurzprofil:
Datum: 21.12.2011 - 15:14 Uhr
Sprache: Deutsch
News-ID 99179
Anzahl Zeichen: 2444
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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