STOCKHOLM, Sweden, June 19, 2002 (PRIMEZONE) -- Today Ballingslov is to be listed at Stockholmsborsen.
"We greet Ballingslov welcome to Stockholmsborsen," said Kerstin Hessius, president at Stockholmsborsen.
Ballingslov manufactures and sells kitchen equipment in Scandinavia and Great Britain. In Scandinavia the company also markets equipment for bathrooms and storage. The products are sold under a number of different brands, i.e. Ballingslov, JKE Design, DFI and Paula Rosa. Ballingslov has approximately 800 employees and sales amounts to 1,234 million SEK, 2001.
"The listing of Ballingslov at Stockholmsborsen will give the company several positive effects. Our financial position strengthens through the listing which enables continued organic expansion and gives us a better possibility to grow through acquisitions on the Scandinavian and British markets," said Nils-Erik Danielsson, CEO, Ballingslov.
During the period between June 19 and June 25, 2002 the trading in the shares of Ballingslov AB is conditioned of certain events, see below. The shares will during this period be traded under the heading "When- issued." As from 26 the shares will be listed on the O-list, section "Ovriga aktier" after B&N Nordsjofrakt AB.
Short Qty Board lot ISIN code Orderbook
name ID
BALL 10 725 758 200 SE0000524 19096
191
Global Industry Classification Standard (GICS):
Sub-Industry Code Sub-Industry
20102010 Building Products
Sector Index
Index code Index name
SX20PI SX20
Industrials_PI
SX2010PI SX2010 Capital
Goods_PI
SX201020PI SX201020 Building
Products_PI
For further information
Nils-Erik Danielsson, CEO, Ballingslov +46 708 94 61 01
Christina Ploom, head of listing, +46 70 579 52 46
Stockholmsborsen
Frank Teneberg, Head of Issuer Sales, +46 70 559 52 75
Stockholmsborsen
Maria Andark, Vice President Corporate +46 70 597 52 76
Communications, Stockholmsborsen
Trading on a "when-issued basis" The trading in the shares of Ballingslov International AB will commence before all conditions of the offering are fulfilled. The trading between June 19 and June 26, 2002 will therefore be conditioned of certain events not occurring which may otherwise lead to the termination of the offering (see page 78 in the prospectus under heading "Agreement on sales of shares" (placing agreement). If the offering will not be completed, shares will not be delivered and payments will be returned.
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The following files are available for download:
www.waymaker.net/bitonline/2002/06/19/20020619BIT00330/wkr0001.doc www.waymaker.net/bitonline/2002/06/19/20020619BIT00330/wkr0002.pdf