Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.290

-0.4%

3:57 PM EST

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To: Puck who wrote (4693)	4/30/2001 11:11:15 AM
From: elmatador	Read Replies (1) of 5390

INDUSTRIVARDEN HOLDS 3.3% CAP, 28.0% VOTES (News agency Direkt) -- Industrivarden said Monday it has subscribed for shares in a directed cash issue as part of Ericsson`s Stock Incentive Program for all employees. In the cash issue, 77.5 million C shares were directed at Industrivarden. The subscription price corresponds to the par value of the shares at 1 krona. The new shares were subscribed and paid for today, April 30. After the directed cash issue, Industrivarden owns 186 million A shares in Ericsson and 77.5 million C shares, corresponding to 28.0% of the votes and 3.3% of the capital in Ericssson.

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