Ferronordic’s Board has decided on an obligatory redemption of A-preference shares
Press ReleaseStockholm, 17 November 2017The Board of Ferronordic Machines AB (publ) (”Ferronordic” or the ”company”) has decided to redeem 66 728 A-preference shares, corresponding to half of the remaining A-preference shares in the company, for a total redemption price of approx. SEK 81 million. In connection with the listing of the company’s ordinary shares on Nasdaq Stockholm and the offer to convert A-preference shares to ordinary shares, the company announced its intention to, as soon as possible, redeem remaining A-preference shares in cash in accordance with Ferronordic’s