STOCKHOLM, Sept. 27, 2021 /PRNewswire/ -- The Extraordinary
General Meeting held on August 27,
2021 resolved to distribute a total of SEK 4,886 m
(corresponding to SEK 17.00 per
share) to the shareholders of Electrolux, through an automatic
redemption procedure including a 2:1 share split, a reduction of
the share capital by redemption of shares, and an increase of the
share capital by way of a bonus issue.
The following dates apply to the automatic redemption
procedure:
Date
(2021)
|
Activity
|
October 1
|
Last day of trading
in the Electrolux share including right to receive redemption
share.
|
October 4
|
First day of trading
in the Electrolux share following share split, excluding right to
receive redemption share.
|
October 5
|
Record date for share
split and for receipt of redemption shares.
|
October 6
|
First day of trading
in redemption shares.
|
October 21
(adjusted date)
|
Last day of trading
in redemption shares.
|
October 25
|
Record date for
redemption.
|
October 28
|
Payment of redemption
amount.
|
Electrolux has applied for a listing of the redemption shares at
Nasdaq Stockholm. In connection herewith, Electrolux has adjusted
the last day of trading in the redemption shares at Nasdaq
Stockholm to October 21, 2021
(previously estimated to October 22,
2021). All other dates in the timetable remain
unchanged.
An information brochure containing the updated timetable and
further information about the redemption procedure is available
at
www.electroluxgroup.com/egm2021
For further information, please contact:
Sophie Arnius, Head of Investor Relations, +46 70 590 80 72
Electrolux Press Hotline, +46 8 657 65 07
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/electrolux/r/timetable-for-the-automatic-redemption-procedure-in-electrolux,c3421323
The following files are available for download:
https://mb.cision.com/Main/1853/3421323/1472930.pdf
|
Press Release
Electrolux Share Redemption_English
|