The following information is based on a press release from SKF AB (SKF) dated March 10, 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 on April 16 2008, approves the proposal, OMX Derivatives Markets will carry out a re-calculation of options and futures in SKF and adjust the OMXS30 index.
For further information please see the attached file.
