Sveaskog implements the offer to the shareholders of AssiDomän
Sveaskog implements the offer to the shareholders of AssiDomän Sveaskog AB's ("Sveaskog") public offer to the shareholders of AssiDomän AB ("AssiDomän") has been accepted to such extent that Sveaskog has become owner of shares representing more than 95 per cent of the capital and the votes in AssiDomän. All conditions, as stated by Sveaskog in the prospectus, for the offer have been met and Sveaskog has therefore decided to implement the offer. More detailed information regarding the acceptance level in the offer will be announced on or about December 21, 2001, following a final count of shares tendered. For those who have accepted the offer during the ordinary acceptance period, settlement is expected to begin on December 28, 2001. In order to offer shareholders, who have not yet accepted the offer, to participate in the offer, Sveaskog has decided to extend the acceptance period until January 14, 2002. Settlement for those who accept the offer during the extended acceptance period is expected to begin on January 21, 2002. Shareholders who accept the offer during the extended acceptance period have the right to revoke their acceptance. To be valid, such written revocation must be received by Handelsbanken Investment Banking not later than 3:00 p.m. (Swedish time) on the final day of the extended acceptance period. Sveaskog intends to initiate a compulsory acquisition of the outstanding shares in AssiDomän as soon as possible. Sveaskog AB (publ) The Board of Directors For further information, please contact: Bo Dockered, Chairman of the Board of Directors of Sveaskog, +46 70 674 01 19 Lars Sköld, CEO Sveaskog, +46 70 537 97 70 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/18/20011218BIT00040/bit0001.doc http://www.waymaker.net/bitonline/2001/12/18/20011218BIT00040/bit0001.pdf