Kollegiet för Svensk bolagsstyrning

The Swedish Corporate Governance Board issues a recommendation on generally accepted principles concerning private placements in listed companies

Fri, Nov 21, 2014 09:00 CET

The Swedish Corporate Governance Board today issues a recommendation regarding private placement of shares, convertibles and warrants in Swedish companies listed on Nasdaq Stockholm, NGM Equity, First North, Nordic MTF and AktieTorget. The recommendation will apply to all issues that are announced on 1 January 2015 or later.The Board believes that the legislators’ clarification on the legality of conducting private placement of shares etc. whereby one or more existing shareholders are able to subscribe for the shares modernises Swedish company legislation and brings it more into line with

Revised rules on takeovers

Mon, Feb 20, 2012 10:15 CET

The Swedish Corporate Governance Board has conducted a review of the regulations governing takeovers. The review was conducted partly in response to recent developments in the field of takeovers in the United Kingdom.Important changes include: · A reemphasis on restrictiveness regarding deal protection arrangements, e.g. offeree companies agreeing to compensate the offerors for costs incurred in connection with the offer. However, no equivalent to the British prohibition of such arrangements has been introduced. · An obligation for offerors with financial instruments that give the

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The Swedish Corporate Governance Board issues a recommendation on generally accepted principles concerning private placements in listed companies

Revised rules on takeovers

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