As previously disclosed, the Annual General Meeting on 27 April 2016 resolved on a 2:1 bonus issue with a record date of 27 May 2016.
Each share held on the record date entitles the holder to two (2) new shares free of charge. When the bonus issue is completed the number of shares will triple, which can be expected to cause the price per share to be reduced to one third. The final day for trading in the Indutrade share including right to receive shares in the bonus issue is 25 May 2016. Following the completion of the bonus issue, the number of shares in the Company will total 120,000,000.
No action is required by the shareholders to have their shareholdings changed. The new shares received through the bonus issue will automatically be registered in the securities account/depot where each shareholder’s existing shares in the Company are registered.
As of 26 May 2016, the Indutrade share will be traded ex-rights to participate in the bonus issue.
Stockholm, 25 May 2016
INDUTRADE AB (publ)