A Good Reception to Atle's Option Offering.Business Editors STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--July 6, 2000 30 senior Atle group executives accepted the offering of synthetic options, subscribing for between 8.000 and 63.400 options each. A further 170.600 options were set aside as a reserve, securing the rights for subsequent sales to new recruits, subject to a market premium. The Board resolved an exercise price of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 162, a price per option of SEK 11,60, with their term until 15 July July: see month. 2003 inclusive. Atle's average share price during the measurement period, which was coincident co·in·ci·dent adj. 1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary. 2. with the application period, was SEK 134,65. The options were valued by financial institution Handelsbanken Investment Banking; the Board considers that this valuation was effected on sound business terms. Atle-Key Facts -- Atle is a growth company that intends to be 2-3 times its current size in 5 years' time. -- Atle is a private equity player, investing in unlisted enterprises, participating actively in their development, and after a few years, finding them a suitable new home, thereby realizing value growth. -- Since 1993, the Atle group's earnings have risen progressively, from SEK 373 m to SEK 1,025 m in 1999. Atle maintains a brisk Brisk as a proper name may refer to:
Atle is quoted on the Stockholm Stock Exchange's A List and has just over 16,000 shareholders. -------------------------------- Please visit http://www.bit.se for further information. The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2000/07/06/20000706BIT00320/bit0001.doc http://www.bit.se/bitonline/2000/07/06/20000706BIT00320/bit0002.pdf |
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