This information is disclosed in accordance with the Securities Markets Act and NASDAQ OMX Stockholm's rules regarding public offers on the stock market.
This press release may not be distributed, directly or indirectly, in or into, the United States of America, Australia, Canada, New Zealand, Switzerland, South Africa or Japan. The Offer is not being made to (and acceptances will not be accepted from) persons in those countries or elsewhere where their participation requires further offer documents, filings or other measures in addition to those required by Swedish law.
Ratos owns a total of 3,652,096 class A shares and 27,084,727 class B shares, corresponding to 99.3% of the capital and 99.7% of the votes in HL Display following the end of the extended acceptance period in Ratos's offer to the shareholders in HL Display. Settlement to shareholders that have accepted the offer during the extended acceptance period is expected to commence on 3 September 2010.
Based on the final review of acceptances received during the extended acceptance period, which ended on 27 August 2010, an additional 203,542 class B shares, corresponding to 0.7% of the capital and 0.3% of the votes in HL Display have been tendered into the offer. This means that the offer has been accepted by owners of totally 3,243,028 class B shares, corresponding to 10.5% of the capital and 5.1% of the votes in HL Display.
For those shareholders that have accepted the offer during the extended acceptance period settlement is expected to commence, as previously communicated, on 3 September 2010.
The acceptance period will not be extended further.
For further information, please contact:
Arne Karlsson, CEO, +46 8 700 17 00
Emma Rheborg, Head of Corporate Communications and IR, +46 8 700 17 20