The following information is based on a press release from SSAB AB (SSAB) published on May 24, 2016 and may be subject to change.
The board of SSAB has proposed that the Extraordinary General Meeting (EGM), planned for May 27, 2016, approves a rights issue for existing shareholders. Holders of both class A and class B shares are entitled to seven (7) new B shares for every eight (8) A and/or B shares held. The subscription price is SEK 10.50 per share. The scheduled Ex-date is May 30, 2016. Provided that the EGM approves the rights issue, NASDAQ Derivatives Markets will carry out a re-calculation of stock options, forwards and futures in SSAB (SSABA).
For further information please see attached file.
