SSAB’s rights issue oversubscribed
The preliminary result of SSAB AB’s (publ) (“SSAB”) rights issue, for which the subscription period ended on June 17, 2016, indicates that 472,855,180 class B shares, corresponding to approximately 98.4 per cent of the class B shares offered, were subscribed for by the exercise of subscription rights. Additionally, applications for subscription without subscription rights of 190,420,454 class B shares, corresponding to approximately 39.6 per cent of the class B shares offered, have been received. Thus, the rights issue is oversubscribed. As a result of the rights issue, SSAB will receive