DISCUSSIONS WITH NEW FINANCIER BROKEN OFF

Report this content

In the light of an industrial investor having registered an interest, under certain circumstances, in becoming the new principal owner of Rottneros, the company – in dialogue with its creditors – has drawn up a proposal for a new financial structure. The proposed structure has not been accepted and the discussions with the projected investor have been broken off. The company’s discussions with its principal owner and the creditors are continuing, with a view to reaching agreement on a new financial structure. A preferential rights issue for shareholders is an important component of such an agreement.

For further information please contact:

Ole Terland, President and Chief Executive Officer, +46 8-590 010 00

NB

This information is such that Rottneros must disclose in accordance with the Swedish Securities Markets Act. The information was submitted for publication on 16 June 2009 at 12.00 CET.

Subscribe

Documents & Links