Reminder regarding reverse share split for Cision AB (publ)
As announced on March 31, 2011 and on April 13, 2011, the annual general meeting of Cision AB (publ), reg. nr. 556027-9514 (the "Company"), decided on March 31, 2011 to carry out a reverse share split which entails that every ten old shares will be consolidated into one new share and that the number of shares in the Company will decrease from 149,095,836 to 14,909,583, whereby the quota value per share will be approximately SEK 15 after completion of the reverse share split. The board of directors has been authorised to determine the record date and pursuant to the authorisation, May 5, 2011 has been determined as the record date for the reverse share split.
Last day of trade in the Company's shares before the reverse share split is May 2, 2011 when shareholders, which do not hold a number of shares corresponding to a whole number of new shares after completion of the reverse share split, are able to, by way of trading, obtain a number of shares equally divisible by ten in order to avoid having excess shares being passed to the Company. May 3, 2011 is the first day of trade in the Company's shares after the reverse share split and the share price will then be adjusted accordingly.
For more information regarding the reverse share split and its timetable, please refer to the press release dated April 13, 2011.
For further information, please contact:
Erik Forsberg, CFO, telephone 46 (0)8 507 410 91
Cision AB (publ)
P.O. Box 24194
SE-104 51 Stockholm, Sweden
Corp Identity No. SE556027951401
Telephone: 46 (0)8 507 410 00
Cision empowers businesses to make better decisions and improve performance through its CisionPoint software solutions for corporate communication and PR professionals. Powered by local experts with global reach, Cision delivers relevant media information, targeted distribution, media monitoring, and precise media analysis. Cision is present in Europe, North America and Asia, and has partners in over 125 countries. Cision AB is quoted on the Nordic Exchange with a turnover of SEK 1.1 billion in 2010.