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 whereby shareholders are entitled to seven (7) new shares for every eight (8) 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 forwards in SSAB (SSABBH).
For further information please see attached file.
