Following the completion of a valuation, Bilia AB’s board of directors has today decided to suggest that the next AGM should approve both the distribution of the company’s property holdings and an application to list them at the stock exchange.
Commenting on this decision, Bilia’s managing director, Jan Pettersson, had the following to say.
“The reason for today’s decision is to make the valuation of property and vehicle operations individually transparent. This will give shareholders more freedom of choice. They can choose to continue being the owners of both a vehicle and a property company or just one of them.”
Göteborg, 8 September 2005
Bilia AB (publ)
For further information, please do not hesitate to contact Bilia’s managing director and CEO, Jan Pettersson,
or CFO, Gunnar Blomkvist, on +46 31 709 55 00.
