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Re: KR_uk post# 6341

Friday, 01/12/2018 7:56:36 AM

Friday, January 12, 2018 7:56:36 AM

Post# of 6624
I have further "evidence" that I can't imagine we'll get more than 245 SEK for our shares based on literature about Swedish takeover rules that I found online. Full document is available here (https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwid97rmutLYAhUKCsAKHeD-AHAQFggpMAA&url=https%3A%2F%2Fwww.ibanet.org%2FDocument%2FDefault.aspx%3FDocumentUid%3DC570BA4B-C9B4-4B43-8A93-8028C12084B1&usg=AOvVaw3Auq_f0QfJ8NH3F8uEdC4D) but here's the relevant snippet and the part about the equitable price is in bold effectively the price when the announcement was made is the price we can reasonably expect.

EQUITABLE PRICE
MAIN RULES
? The purchase price for a share shall be determined in such a manner that it corresponds to the
price for the share which might be expected upon a sale under normal circumstances.
? For a share which is not traded on a regulated market, the purchase price shall correspond to the
“real value” of the share or the estimated selling price. This means that the arbitral tribunal has to
establish the share’s actual or estimated market value which may be very complicated for shares
that are not traded.
? If the shares are traded on a regulated market the exchange price on the date when the squeezeout
was requested is presumed to represent the share’s market value.
It is, however, possible to
deviate from the exchange price if there are special reasons, e.g that trading on the said date was
so limited that it cannot be deemed to represent the market value of the shares or where the
exchange price has been manipulated or affected by misleading information.

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