Boliden’s directed issue oversubscribed - prices its new shares at SEK 25 per share, raising SEK 925 million

These materials may not be published, distributed or transmitted in the United States (including its territories, any State of the United States and the District of Columbia). These materials are not an offer for sale of securities. These securities have not been registered under the U.S. Securities Act 1933 (the 'Securities Act'), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. No public offering of the securities will take place in the United States.

On November 30, 2004, Boliden announced its intention to carry out a directed issue of up to 37 million new shares to institutional investors in Sweden and abroad (the 'Boliden Offering'). On December 15, 2004, the Board of Directors of Boliden resolved to effect the directed issue and to issue a maximum of 37 million new shares.

Press releases etc.

Press release 2004-12-17 Over-allotment option fully exercised in the offering of Boliden shares

Press release 2004-12-16 Boliden's directed issue oversubscribed - prices its new shares at SEK 25 per share, raising SEK 925 million

Press release 2004-12-03 Publication of offer document

Press release 2004-11-30 Boliden launches directed issue of up to 37 million new shares

Press release 2004-11-30 Resolution at the extraordinary shareholders’ meeting in Boliden AB

Press release 2004-11-12 The shareholders in Boliden AB are given notice of an extraordinary shareholders' meeting to be held on November 30, 2004

Press release 2004-11-12 Boliden proposes directed issue to international investors

Link to Prospectus (in Swedish, PDF)

Link to Brochure (in Swedish, PDF)

More press releases & news

The abnormally high seismic activity in Garpenberg has decreased and mining production at low levels will commence in the second quarter. The first quarter throughput was just under 0.8 Mton instead of the expected slightly over 0.9 Mton at already communicated grades. All inspections are not yet complete but production in the most affected part of the mine is not expected to resume in 2026. Until further notice, Garpenberg's production is therefore estimated to be around 30 percent of the guided capacity of 3.7 Mton per year. For the first quarter of 2026, EBITDA will be negatively affected by approximately SEK -400 million at today's prices and terms.

The shareholders of Boliden AB (p

Boliden has decided to invest in a new hoist system at Garpenberg and an industrial demonstration plant for the production of supplementary cementitious material at Rönnskär. The investments, which amount to SEK 4 billion and SEK 1.5 billion respectively, will strengthen the earnings capacity of both units and lay the foundation for exploiting further future opportunities.