Arctic Paper S.A. presented a public takeover bid to shareholders of Rottneros
AB in November 2012. The acceptance period has since been extended and is now
open until 26 February 2013. Arctic Paper controls 51.3 per cent of the shares
in Rottneros as of 7 February 2013 and as a consequence of its takeover bid has
requested that Rottneros convenes an extraordinary general meeting of the
company to elect a Board of Directors.
The election of the Board is an item of business that would be dealt with at
the AGM, together with the other usual AGM business, and the Board of Directors
of Rottneros consequently proposed that the extraordinary general meeting
requested should be substituted by bringing the AGM forward.. Arctic Paper has
accepted this proposal.
Rottneros asked the Swedish Securities Council to consider whether this
procedure, of bringing the AGM forward, complies with good stock market
practice in this context. The Council has confirmed this to be the case.
The AGM will be held on Friday, 22 March 2013 at 14.00 CET in World Trade
Center, Klarabergsviadukten 70, Plan 4, Section D, World Trade Center
Conference, New York Room, Stockholm, Sweden.
A shareholder who wishes to have an item of business dealt with at the AGM
shall, no later than 12.00 CET, 19 February 2013, present their proposal to the
company so that it will be possible to include the matter in the notice
convening the meeting and consequently deal it with at the AGM.
Notice convening the AGM will be published in accordance with the provisions of
the Swedish Companies Act.
For further information please contact: Kjell Ormegard, Chair, +46 70 668 93 76
Rottneros discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The Information was
submitted for publication on Monday, 11 February at 12.00 CET.
Rottneros is an independent producer of market pulp. The Group comprises the
parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its
subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving
the production and sale of market pulp. The Group also includes the wood
procurement company Rottneros Baltic SIA in Latvia. The Group has around 300
employees and had a turnover of approximately SEK 1.5 billion in the 2012
financial year.
