The merger between Bure's education companies Anew Learning and AcadeMedia is completed
Today on 21 October the merger between Anew Learning AB and AcadeMedia AB (publ) ("AcadeMedia") was completed through the acquisition of all outstanding shares in Anew Learning AB by AcadeMedia from Bure Equity AB (publ) ("Bure"). The conditions are the same as previously communicated in a press release dated 18 September 2008. At yesterday's extraordinary general meeting in AcadeMedia it was resolved to approve of an issue in kind of 6,310,000 new class B shares to Bure. The issue in kind is a part of the purchase sum for the merger between Anew Learning and AcadeMedia.
Before the issue in kind, Bure held 248,525 class A shares and 1,832,943 class B shares in AcadeMedia, corresponding to 36.2 per cent of the capital and 48.4 per cent of the votes.
After the issue in kind, Bure holds 248,525 class B shares and 8,142,943 class B shares, corresponding to 69.6 per cent of the capital and 69.8 per cent of the votes in the company. After the conversion of all class A shares has been carried out in the beginning of November, Bure's holding will correspond to 69.6 per cent of both capital and votes.
Gothenburg, 21 October 2008
Bure Equity AB (publ)