Posten completes the public offer to the shareholders of Strålfors
Posten AB (publ) ("Posten") has received acceptances in the public offer to the shareholders of Strålfors AB (publ) ("Strålfors") (the "Offer") regarding 1,600,000 shares of series A and 19,552,643 shares of series B, corresponding to 98.93 per cent of the shares and 99.36 per cent of votes in Strålfors. All conditions for completion of the Offer have been fulfilled.
Settlement will take place on May 22, 2006 to those shareholders who have accepted the Offer during the acceptance period.
To enable shareholders who have not accepted the Offer to tender their shares, Posten has decided to extend the acceptance period until 5 p.m. CET on May 31, 2006. Posten expects to commence settlement on or about June 7, 2006 to those shareholders who accept the Offer during the extended acceptance period.
Posten will initiate compulsory purchase of the remaining outstanding minority shares in Strålfors within shortly.
Posten's CEO, Erik Olsson, makes the following comment:
"I am pleased that the acquisition now can be completed. This will give Posten's and Strålfors' customers access to a broader offering that will provide them with the possibility of making their customer and business communication even more effective. The acquisition will increase Posten's competitive position on the market for information logistic services, which is in line with our defined strategy and vision to deliver world-class communications and logistics solutions."
Stockholm, 18 May, 2006
Posten AB (publ)
For further information, please contact:
Marianne Nivert, Chairman of the Board of Directors of Posten
Erik Olsson, CEO, Posten
Per Mossberg, Director of Corporate Communication, Posten
Phone: +46 8 23 10 10
For more information regarding Posten, please visit www.posten.se
Not for release in or distribution into the United States, Australia, Japan or Canada. The Offer is not being made to persons whose participation in the Offer requires an offer document, registrations or measures other than those required by Swedish law.