latest news releases from the newsroom
OM Closes Down Jiway
STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- The Boards of OM AB (Other OTC:OMGPF), Stockholmsborsen AB and OM London Exchange Ltd., today decided that the Jiway market -- being run within the OM London Exchange -- will be closed down. OM London Exchange will ensure an orderly wind down of operations over a period of three months. Jiway was launched in February 2000 as the world's first integrated exchange for cross-border trading, clearing and settlement of over 2 500 European and American shares. Operations commenced in November the same year.
Song Networks Holding
Shareholders in Song Networks Holding AB Summoned to Extraordinary General Meeting, November 11, 2002
STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- Shareholders in Song Networks Holding AB (publ) ("Song" or the "company") (Other OTC:SONWY), are hereby summoned to an extraordinary general meeting to be held at 15:00 on Monday, 11 November 2002 at City Conference Centre, Folkets Hus, Barnhusgatan 12-14, Stockholm.
Modern Times Group MTG AB: ZTV Fastest Growing Channel in Norway
STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that ZTV is the fastest growing channel in Norway and has increased its penetration from 30.7% to 42.7% since its launch in January this year. More than 1.5 million people can now watch ZTV every day. In the last three months alone, ZTV increased its penetration from 37.9% to 42.7%. These results have been published by leading independent polling organization, Gallup TV Meter Norway.
Outokumpu to Exercise its Right to Redeem All Remaining AvestaPolarit Shares
STOCKHOLM, Sweden, Oct. 14, 2002 (PRIMEZONE) -- Outokumpu's redemption offer regarding the shares and warrants in AvestaPolarit expired on October 11, 2002. Outokumpu has in its stock exchange release today announced that it, through the redemption offer, has redeemed a total of 35 974 136 shares from the shareholders of AvestaPolarit. Together with shares purchased from the market Outokumpu owns approximately 99.8 per cent of the shares and votes in AvestaPolarit. Outokumpu has redeemed 1 460 000, i.e. 100 per cent, of the warrants subject to the offer.