InvestorsHub Logo
Followers 0
Posts 4
Boards Moderated 0
Alias Born 12/22/2017

Re: None

Tuesday, 01/15/2019 10:13:54 AM

Tuesday, January 15, 2019 10:13:54 AM

Post# of 6624
I contacted Axel Weibull and got this response:

Go¨teborg, December 2018

INFORMATION REGARDING COMPULSORY ACQUISITION (SQUEEZE- OUT) OF SHARES IN ARCAM AKTIEBOLAG

As You have previously received notice of, GE Sweden Holdings AB has re- quested compulsory acquisition of Your and all other minority shareholders' shares in Arcam Aktiebolag. A final arbitration award was announced on 28 November 2018.
The redemption price was determined to 345 SEK. Interest will also be added to the redemption price in accordance with 5 § of the Swedish Interest Act (Sw. Ra¨ntelagen), which corresponds to the Swedish Riksbank’s reference rate plus two percentage points. The interest is added to the redemption price from the day of request for compulsory acquisition, 11 January 2018.

GE Sweden Holdings AB shall pay the redemption price and the interest when the final arbitral award has gained legal force, which means 60 days from re- ceipt by all parties in the dispute of the arbitral award, provided that no appeal is made. This means that GE Sweden Holdings AB most likely will pay the re- demption price at the end of January or early February 2019.

The payment will usually be made through Euroclear Sweden, the Swedish Central Securities Depository. Euroclear Sweden will primarily make payment to the bank account connected to the securities account on which the share- holder’s shares in the Target Company are registered. For any further ques- tions regarding how payment is made, You should contact your bank and/or Eu- roclear Sweden.

Med va¨nlig ha¨lsning
Best regards
Axel Weibull
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.