Commission-free sales of Billerud shares concluded
Billerud has concluded an offer of commission-free sale of shares for shareholder holding 199 shares or less. For historical reasons, Billerud has many shareholders who own only a few shares. The offer ran from 16 May to 8 June 2011.
The purpose was to lower transaction costs for shareholders owning a smaller lot of shares. The reduction in the number of directly registered shareholders benefits all owners of Billerud shares by cutting costs.
Around 8 500 directly registered shareholders responded to the offer of selling their shares. In addition, around 1 500 shareholders registered via nominees also took advantage of the offer. The total number of shareholders has thus been reduced by around 10 000. After the offer, Billerud now has around 109 000 shareholders.
For further information please contact:
Bertil Carlsén, CFO, +46 8 553 335 07, +46 73 021 10 92
Sophie Arnius, Investor Relations Manager, +46 8 553 335 24, +46 70 590 80 72
The information is such that Billerud is obligated to publish under the Swedish Securities Market Act. Submitted for publication at 17.00 CET on 15 June 2011.
Billerud’s business concept is to offer demanding customers packaging materials and solutions that promote and protect their products – packaging that is attractive, strong and based on renewable materials. Billerud has a world-leading position within several product segments including paper for consumer packaging and industrial applications. Production takes place at three integrated pulp and paper mills in Sweden and at one paper mill in the UK.
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