Elekta's share redemption program concluded
ELEKTA'S SHARE REDEMPTION PROGRAM CONCLUDED On November 11, 2003, the acceptance period for Elekta's offer for redemption of shares expired. The offer involved redemption of every seventeenth share held in Elekta at a price of SEK 165 per share. Based on the final count, 1,887,713 shares were tendered for redemption, corresponding to 97.4 percent of the maximum number of shares that could be redeemed in accordance with the offer. Approx. SEK 311.5 million will thus be transferred to Elekta's shareholders. Payment of the redemption amount is expected to be made at the end of March 2004. This is caused by the fact that under Swedish law, when a company decides to redeem shares by reducing the share capital, the decision may not be effected without the permission of a Swedish court. It is estimated that the court's permission will be obtained within 3-4 months from the end of the application period and that payment of the redemption proceeds will occur as soon as reasonably practicable after the court's permission has gained legal force. ****** For further information, please contact: International: Peter Ejemyr, Group VP Corporate Communications, Elekta AB (publ), Phone: +46 733 611 000, e-mail: peter.ejemyr@elekta.com United States: Lars Jonsteg, VP Investor Relations North America, Elekta, USA Phone: +1 770-670-2419, e-mail: lars.jonsteg@elekta.com About Elekta: Elekta is a world-leading supplier of advanced and innovative radiation oncology and neurosurgery solutions and services for precise treatment of cancer and brain disorders. Elekta's solutions are clinically effective, cost efficient and gentle to the patient. For additional information about Elekta, please visit www.elekta.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/14/20031114BIT00150/wkr0001.doc http://www.waymaker.net/bitonline/2003/11/14/20031114BIT00150/wkr0002.pdf