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Information about exchange introduction of Drott

5/14/1998 12:00 AM CET
Press release

At the Annual General Meeting of Skanska on April 29, 1998, it was resolved to distribute the shares in Drott AB to the shareholders in Skanska.

PRESS RELEASE, MAY 14, 1998                               37/98

INFORMATION ABOUT EXCHANGE INTRODUCTION OF DROTT

At the Annual General Meeting of Skanska on April 29, 1998, it was resolved to distribute the shares in Drott AB to the shareholders in Skanska.

The intention is to apply for listing of Drott on the Stockholm Stock Exchange O-List. Drott is organized into three subsidiaries with properties amounting to an appraised market value of about SEK 10 billion.

The Annual General Meeting in Skanska resolved that the record date shall be September 21, 1998. Based on this initial date, the following schedule has been established:

August 26 Interim report for Drott AB for the period January 1 - June 30, 1998
August 27 Interim report for Skanska AB for the period January 1 - June 30, 1998
First week in September Estimated publication and distribution of the prospectus
September 16 Last day for trading in Skanska shares including right to distribution of shares in Drott AB
September 21 Record date
September 24 Estimated date for listing on the Stockholm Stock Exchange O-List

As of May 29, information about Drott will be published continually on the Drott website www.drott.se.

 

Danderyd, May 14,1998

SKANSKA AB
Group Corporate Communications

 


For further information, contact: Mats Mared, President Drott AB tel +46 8 753 88 00 or Cecilia Schön, Senior Vice President Corporate Communications tel +46 8 753 87 99.