latest news releases from the newsroom
Protect Data Supplies Cost-Effective Security Solution to Vattenfall
STOCKHOLM, Sweden, Jan. 31, 2002 (PRIMEZONE) -- The IT security company Protect Data has entered into an agreement with Vattenfall Data for additional supplies of the security solution Pointsec(r), along with a PKI solution. Together, the two applications will protect the storage and transfer of information on the power company's portable and stationary computers.
Frontline: Mandatory Notification of Trade
OSLO, Norway, Jan. 31, 2002 (PRIMEZONE) -- Frontline (NYSE:FRO) has, based on the Stock Indexed Total Return Swap Program with Nova Scotia Group (Scotia), been informed that the latter, through market purchases executed today, has acquired 50,000 Frontline common shares. The shares have been acquired at an average price of NOK 86.50.
Adjustment in the Terms of Custos' Share Redemption
STOCKHOLM, Sweden, Jan. 31, 2002 (PRIMEZONE) -- Custos' Board of Directors has decided to make a slight change in the terms of the share redemption program that it has proposed for the approval of an Extraordinary General Meeting scheduled for February 25, 2002. The Board proposes that for every five (5) Custos shares held, shareholders be given the opportunity to redeem two (2) shares. For each share submitted for redemption, the Board proposes that the holder receive SEK 250.
Bure's Acquisition of Shares in Teleca Implemented
GOTEBORG, Sweden, Jan. 31, 2002 (PRIMEZONE) -- Bure's acquisition of shares in Teleca has been implemented. The acquisition means that Bure's ownership in the merged Teleca/AU-System amounts to 16.0 per cent of capital and 16.8 per cent of votes.
NCC Sells NVS Generating SEK 301 Million Capital Gain
STOCKHOLM, Sweden, Jan. 31, 2002 (PRIMEZONE) -- NCC is selling its wholly owned installation company NVS Nordiska Varme Sana AB to institutional investors, principally the private equity company Segulah. The purchase price is SEK 431 million, following the dividend of SEK 114 million that NVS paid to NCC during 2001. The sale will generate a capital gain of SEK 301 million for the NCC Group, which will affect NCC's earnings for the first quarter of 2002.