Kinnevik: Notice to the shareholders of Metro International S.A.
THIS NOTICE APPEARS FOR REGULATORY PURPOSES AND IS NOT ADDRESSED TO THE SHAREHOLDERS OF INVESTMENT AB KINNEVIK
Through this press release, Investment AB Kinnevik hereby informs the shareholders of Metro International S.A. of the price per share as determined by the independent expert KPMG Luxembourg and proposed by Investment AB Kinnevik for the shares concerned by the squeeze-out.
Based on the conclusions of the valuation report (the "Valuation Report") of KPMG Luxembourg, the fair price is SEK 0.90 and SEK 0.94 per Class A and Class B share, respectively.
Given the fair price determined by KPMG Luxembourg as mentioned above, Investment AB Kinnevik as majority shareholder of Metro International S.A. announces that the proposed price for the shares concerned by the squeeze-out is SEK 0.90 and SEK 0.94 per Class A and Class B share, respectively.
Additional information relating to the squeeze-out process, including the full Valuation Report, is available on:
For further information, visitwww.kinnevik.se or contact:
|Torun Litzén, Director, Investor Relations
|Phone +46 (0)8 562 000 83
|Mobile +46 (0)70 762 00 83
Kinnevik is an entrepreneurial investment group focused on building digital consumer businesses in four sectors: Communication, E-commerce & Marketplaces, Entertainment, and Financial Services. We work in partnership with talented founders and managers to create, invest in and lead fast growing digital businesses both in developed and developing countries. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families.
Kinnevik's shares are listed on Nasdaq OMX Stockholm's list for large cap companies under the ticker codes KINV A and KINV B.Press release
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kinnevik via Globenewswire