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[Tom Joad]

re: little ones in the US

I just received a reply straight from Carnegie Bank in Sweden, the ones that underwrote the share offering and should be most familiar with the legal in's and out's. Little people of US citizenship can participate if and only if a narrow set of conditions are satisfied. Everyone from Sweden uses the word "bank" in a way that seems to include our use of "broker," so far. I know little about how these institutions work, even less about translations between Swedish and English.

As you can read in the prospectus (attached) page 28 some jurisdictions are not permitted to subscribe for new shares in this this offer.
US is one of these jurisdictions, however Qualified Institutional Buyer (QIB) is allowed to participate.

You have to contact your bank in order to investigate if you can participate or not. The only possibility is if your bank can participate as QIB on your behalf. Otherwise you can only sell your subscription rights to be compensated for the diluting value of the shares.

Normally I believe it not appropriate to quote from an email. In this case, I believe many will benefit from having the situation clarified. I, for one, have wasted hours calling various people. Now I can target my call and ask questions that will get me somewhere.

The help I've received so far from Scottrade has been useless. They've just said shareholders in the US cannot participate in the share offering. The reply from Carnegie gives me some avenues of pursuit and a bit of ammunition when I see or talk to my discount broker. It does appear, at this point, that all I can do is trade my rights.