Boliden shareholders with holdings smaller than one trading lot (50 shares) are being given the opportunity to purchase the number of shares the shareholder requires in order to own one trading lot, alternatively sell their entire holding, without paying commission.
"Many Boliden shareholders own fewer shares than a trading lot. The Board of Directors takes the view that the share's liquidity would improve if more shareholders held trading lots, and that this would benefit all Boliden shareholders. Against this background, the company's shareholders are now being given the opportunity to purchase the number of remaining shares required to own a trading lot without paying commission. Alternatively, they may choose to sell their entire holding, explains Boliden's CFO Staffan Bennerdt.
The offer, aimed at shareholders with holdings of 1-49 shares, is valid between 19th February and 2nd March 2007. Transaction notes for participating shareholders are expected to be dispatched on 9th March with a settlement date of 14th March. The offer is being made in collaboration with Swedbank Markets. All shareholders to whom this offer applies have been notified by letter. -30-
For additional information, please contact:
Staffan Bennerdt, CFO, Boliden AB, tel +46 8 610 1520, +46 70 513 61 14