The Extraordinary shareholders meeting in ASSA ABLOY AB approved the new rights issue

The new shares will be issued at a price of SEK 70 per share. Ten Series A shares will carry rights to subscribe for one new Series A share and ten Series B shares will carry rights to subscribe for one new Series B share.
 
The prospectus is expected to be made public on 10 June 1999. Record date for participation in the rights issue is 10 June 1999 and the subscription period runs from 14 June to 2 July 1999.
 
 
___________
 
 
 
For further information, please contact
Göran Jansson, CFO, tel. +46-8-698 8572 alt. +46-70-698 85 72
 
ASSA ABLOY AB (publ)
P.O. Box 70340, S-107 23 Stockholm
Tel: Int+46-8-698 85 70, Fax: Int +46-8-698 85 85
Visiting address: Klarabergsviadukten 90
_____
 
The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products, dedicated to satisfying end-user needs for security, safety and convenience. In 1999  the Group will report sales exceeding SEK 10 billions and has about 12 000 employees.

About Us

ASSA ABLOY is the global leader in door opening solutions and offers mecahnical and electromechanical locks, digital door locks, security doors, entrance automation, hotel security and secure identity solutions, primarily in identity and access management, as well as a number of other related products and services. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international Group with some 47,500 employees operating in more than 70 countries and sales of SEK 76 billion.

Subscribe

Documents & Links