Compulsory acquisition demanded; Decision on delisting
COMPULSORY ACQUISITION DEMANDED; DECISION ON DELISTING Akelius Fastigheter AB ("Akelius") has demanded the compulsory acquisition of the outstanding shares in Mandamus Fastigheter AB (publ) ("Mandamus"). The Board of Mandamus has decided to apply for delisting of Mandamus shares from the Stockholm Stock Exchange. The last trading day will be announced by the Stockholm Stock Exchange in the usual way. Compulsory acquisition Akelius has informed the Board of Mandamus that Akelius owns more than 90 per cent of the shares in Mandamus. Accordingly, under the Swedish Companies Act, Akelius has requested in writing to the Board of Mandamus that any dispute concerning the shares in Mandamus that are not owned by Akelius be submitted to arbitration (compulsory acquisition). Delisting In the light of Akelius' acquisition of approximately 90.3 per cent of the shares and votes in Mandamus and the fact that Akelius has demanded compulsory acquisition, the Board of Mandamus has decided to apply for delisting of the company's shares from the Stockholm Stock Exchange. The last trading day will be announced by Stockholm Stock Exchange in the usual way. Solna, 1 October 2003 Mandamus Fastigheter AB (publ) The Board Queries Please address any queries to Anders Silverbåge phone + 46-8-566 130 00 or +46-709-118 555 or e-mail anders.silverbage@mandamus.se or Chairman of the Board Leif Zetterberg phone +46-075-88 41 84. Mandamus is a property company that seeks, on a long-term basis, to own, develop and manage high-yield residential properties, mainly in growth areas in Southern and Central Sweden. Mandamus owns properties with a book value of some SEK 5,500m, yielding annual rental income of roughly SEK 900m. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/01/20031001BIT00300/wkr0001.doc http://www.waymaker.net/bitonline/2003/10/01/20031001BIT00300/wkr0002.pdf