The following information is based on a press release from Investment AB Kinnevik (Kinnevik) (KINV B, SE0000164626) published on April 19, 2016 and may be subject to change.
The Board of Kinnevik has proposed that the Annual General Meeting (AGM), scheduled for May 23, 2016, decides on a split and redemption process, whereby:
- Every one (1) KINV B share entitles the holder to one (1) redemption share, which will be subject to compulsory redemption for a cash payment of SEK 18.00.
The scheduled Ex-date is May 27, 2016
Provided that the proposal is approved, NASDAQ OMX Global Index Group will act and adjust KINV B in accordance to the “Rules for the Construction and Maintenance of the VINX All-Share, Benchmark, Tradable and Sector Indexes” version 2.2, Section 5.8.1 (Valuation Method).
For further information concerning this exchange notice please contact NASDAQ Global Index Group, telephone + 46 8 405 6296 or e-mail indexsupport@nasdaq.com.
