The following information is based on a press release from SSAB AB (SSAB A, SE0000171100) published on May 24, 2016 and may be subject to change.
The Board of Directors of SSAB AB has proposed that an Extraordinary General Meeting (EGM), scheduled for May 27, 2016, decides on a rights issue whereby shareholders 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 proposal Nasdaq Global Index Group will act and adjust SSAB A in accordance to the “Rules for the Construction and Maintenance of the VINX All-Share, Benchmark, Tradable and Sector Indexes” version 2.2, rule 5.8 (Valuation Method).
Please see the attachement for a detailed formula of how valuation method is applied.
The number of shares in SSAB A will remain unchanged.
For further information concerning this notice please contact Nasdaq Index Operations, telephone + 46 8 405 6296, e-mail indexsupport@nasdaq.com
