Derivatives: Anticipated adjustment due to SKF’s redemption process (1/08)


The following information is based on a press release from SKF AB (SKF) dated January 31, 2008 and may be subject to change.

The board of SKF has proposed that the Annual General Meeting (AGM) approves a redemption process whereby every SKF share entitles the holder to one (1) redemption share, which will be subject to compulsory redemption for a cash payment of SEK 5. If the AGM, which will be held in April 2008, approves the proposal, OMX Derivatives Markets will carry out a re-calculation of options and futures in SKF and adjust the OMXS30 index as described in attached document. 

Attachments

wkr0003.pdf