Compulsory redemption of outstanding shares in KMT Group AB (publ)
Nordstjernan Ventures Investment AB (“NVI”) held approximately 93.8 percent of the shares in KMT Group AB (publ) (“KMT”) as of December 28, 2007.
On January 2, 2008, NVI submitted a written request to the Board of Directors of KMT for the redemption of remaining shares in accordance with Chapter 22, Section 6 of the Swedish Companies Act (2005:551). As a result hereof, the Board of KMT will immediately inform the shareholders of KMT that redemption has been requested through announcements in Post- och Inrikes Tidningar (The Swedish Gazette), in Dagens Industri and by letter.
For further information, contact:
Carl-Erik Ridderstråle, Board Member, KMT Group AB
Mats Andersson, Board Member, KMT Group AB
Tel: +46(0)8-594 211 50