Derivatives: Anticipated adjustment due to Scania’s redemption process (03/08)


The following information is based on a press release from Scania AB (Scania) dated February 6, 2008 and may be subject to change.

The board of Scania has proposed that the Annual General Meeting (AGM) approves a redemption process whereby every Scania share entitles the holder to one (1) redemption share, which will be subject to compulsory redemption for a cash payment of SEK 7,5. If the AGM, which will be held May 5 2008, approves the proposal, OMX Derivatives Markets will carry out a re-calculation of options and futures in Scania and adjust the OMXS30 index.

For further details please see attached file. 

Attachments

wkr0003.pdf