MENU
Menu
Share 2016-09-30 17:29 RATOS B 40.74 SEK

Ratos reduces holding in Telelogic

2000-03-10

After a divesture of 612,000 shares in Telelogic, Ratos´ remaining holding of 1,000,000 shares represents 10.4 per cent of capital and voting rights before dilution.
As reported in a pressrelease of 9 Feburary 2000, Ratos´ holding amounted to 1,612,000 shares representing 16.8 per cent of capital and voting rights before dilution.
The divesture will result in a capital gain in the Ratos-group of SEK 600 M corresponding to SEK 7.40 per share.

CEO´s comment
- The Telelogic-share has had a fantastic development, thus the Telelogic holding has a significant proportion of the Ratos portfolio. By the divesture, Ratos reduces an exposure which we consider to be to large. We keep a 10 per cent holding since we consider Telelogic a well managed company, says Arne Karlsson, CEO of Ratos.