Upon approval by shareholders at the Annual General Meeting on 7 April 2011, each Enea share will be split into two shares, of which one will be named redemption share.
- The redemption share will be automatically redeemed at SEK 5.00 in cash, with payment expected to be settled on 13 May 2011.
- The redemption procedure is automatic and requires no action from the shareholder.
- Record date for the share split and entitlement to redemption shares is 18 April 2011.
- Trading in redemption shares will take place on NASDAQ OMX Stockholm between 20 Apri l– 5 May, 2011.
Shareholders resident outside of Sweden may be liable to withholding tax on the redemption of shares. However, no Swedish withholding tax should be levied on sales proceeds from disposal of the redemption shares in the market during the trading period.
Decision from the Swedish tax authority
Of the acquisition cost for the original shares in Enea AB 91.1 percent should be attributed to the orginal shares and 8.9 percent to redemption shares.
Information folder about the redemption program
Swedish Tax authority (Skatteverket)'s decision - Swedish only