GOTHENBURG, Sweden, Aug. 25, 2003 (PRIMEZONE) -- Bure Equity (Other OTC:BRVVF):
- Issues totalling SEK 750M fully subscribed during June.
- During the quarter, shareholders' equity (net asset value) increased by SEK 275M, of which issue payment represents SEK 213M, to SEK 1,098M. The stated shareholders' equity is equivalent to SEK 1.24 per share after full dilution (discounted value*) and to SEK 1.41 per share without discounting.
On 22 August, equity per share after full dilution is calculated at SEK 1.37 (discounted value*) and SEK 1.54 without discounting.
- The parent company's result after tax amounted to SEK 62M (-336) for the second quarter and to SEK -110M (-380) for the first six months.
- Value increase of more than SEK 140M in Bure's listed holdings during the second quarter.
- An action programme aimed at reducing the parent company's administrative costs was initiated. During the second quarter, a provision of SEK 22M was made for the implementation of the action programme.
For further information, please contact Lennart Svantesson, President +46 31-708 64 20 Irene Axelsson, Head of Corporate Communications +46 31-708 64 47 Anders Morck, Group Controller +46 31-708 64 41
Bure Equity AB (publ) Box 5419, SE-402 29 Gothenburg +46 31-708 64 00, www.bure.se Corporate identity number 556454 - 8781
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