Meda: Meda's Rights Issue Oversubscribed.* 11,592,196 shares, corresponding to 99.84 per cent of the offered shares, have been subscribed through exercise of subscription rights * Including the shares that have been subscribed for without preferential rights, the rights issue has been oversubscribed Refers to connecting more users to a system than can be fully supported if all of them were using it at the same time. Networks and servers are almost always designed with some amount of oversubscription, counting on the fact that everybody does not need the service simultaneously. by approximately 56 per cent * The issue generated 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. 1,858 million before issue costs SOLNA, Sweden -- 11,592,196 shares, corresponding to 99.84 per cent of the offered shares, have been subscribed through exercise of subscription rights in Meda's rights issue. Including the shares that have been subscribed for without preferential rights, the rights issue has been oversubscribed by approximately 56 per cent. The issue generated SEK 1,858 million, before issue costs. The 18,288 shares that have not been subscribed for through exercise of subscription rights, corresponding to 0.16 per cent of the total number of offered shares, will be allotted to those shareholders who subscribed for shares without preferential rights in accordance with principles set forth in the prospectus. Through the rights issue the number of shares in Meda increases by 11,610,484 shares and the share capital increases by SEK 23,220,968. After the rights issue the total number of shares in Meda amounts to 116,104,842 shares and the share capital to SEK 232,209,684. The last trading day Last Trading Day The final day that a futures or options contract may trade or be closed out before delivery of the underlying asset must occur. Notes: If the buying and selling parties do not arrange an alternate agreement, the physical commodity must be delivered from with the paid-up subscribed shares (BTA (Business Technology Association, Kansas City, MO, www.bta.org). A membership association of manufacturers, dealers, distributors and service companies in the business equipment and systems industries, founded in 1994. ) is expected to be 20 February 2007. The newly issued shares are expected to be traded on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. (Stockholmsborsen) starting Thursday, 1 March 2007. "The acquisition of 3M's European pharmaceutical division positions Meda as a leading European specialty pharma company. It is very gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that the company's shareholders have confidence in our further build-up" says Anders Lonner, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Meda. SEB Enskilda is acting as financial advisor to Meda AB for the rights issue. MEDA AB (publ) is a leading European specialty pharma company that concentrates on marketing and market-adapted product development. Acquisitions and long-term partnerships are fundamental factors that drive the company's strategy. Meda has own affiliates in 24 countries and more than 1,000 employees within marketing and sales. The Meda share is listed under Large Cap on the OMX Nordic Stock Exchange. Find out more, visit www.meda.se. This information was brought to you by Waymaker http://www.waymaker.net |
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