H Intressenter requests compulsory acquisition
Höganäs applies for delisting and summons an extraordinary general meeting. The interim report for the period January – September 2013 is postponed.
H Intressenter AB (”H Intressenter”), that holds approximately 96.2 percent of the shares and 97.6 percent of the votes in Höganäs AB (publ) (”Höganäs”), has requested compulsory acquisition of the remaining shares in Höganäs.
In light of the above, the Board of Directors of Höganäs has applied for delisting of the Höganäs class B share from NASDAQ OMX Stockholm. The last day of trading in the share will be notified when Höganäs has been informed thereof by NASDAQ OMX Stockholm.
Upon request by H Intressenter, the Board of Directors of Höganäs has also resolved to publish a notice to an extraordinary general meeting to be held on 28 October 2013, inter alia to elect a new Board of Directors (see separate press release).
The Board of Directors of Höganäs has further resolved to postpone the interim report for the period January – September 2013 until 29 November 2013 (earlier communicated date was 23 October 2013).
This is information that Höganäs AB (publ) may be obligated to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 am on 2 October 2013.
Höganäs AB (publ) is the world’s leading producer of iron and metal powders. Building on its clear vision of the possibilities of powder to improve efficiency, the consumption of resources and environmental impact across a raft of segments, the company has developed in-depth application skills. Thus Höganäs can help create the automotive components, white goods, water and exhaust treatment products of the future in collaboration with its customers. Founded in 1797, the company had sales of MSEK 6,700 in 2012, and is quoted on NASDAQ OMX Stockholm’s Mid Cap List.
For more information, please visit our website: www.hoganas.com.