Shareholders

When do I get my money?

Provided that closing of the merger occurs on April 1, 2022, the last day of trading of the shares on the New York Stock Exchange is anticipated to be March 31, 2022. Payment of USD 37 per share is expected to commence promptly after the closing.

The ability to convert between Swedish Depository Receipts and shares was suspended as of March 28, 2022 at 3 p.m. CET.

How do I get my money?

Generally, for most shareholders, the consideration for the shares in USD will be paid to the cash account that the shareholder has linked to the securities account or custody account on which the shares are registered.

What about taxes?

Shareholders are recommended to consult with their tax advisors as to tax consequences that may arise as a result of the merger.

SDR Holders

What will happen with my SDRs?
Provided that closing of the merger occurs on April 1, 2022, the last day of trading of the SDRs on Nasdaq Stockholm is anticipated to be March 31, 2022 and the delisting of the SDRs from Nasdaq Stockholm is expected to occur on April 4, 2022. Payment of a SEK amount corresponding to USD 37 is expected to commence no later than April 8, 2022. Exchange and payment will be handled by SEB.

The ability to convert between SDRs and common stock will be suspended as of March 28, 2022 at 3 p.m. CET.

How do I get my money if I'm an SDR holder?
The consideration for the SDRs in SEK will be paid by SEB to the cash account that the SDR holder has linked to the securities account or custody account on which the SDRs are registered. Thus, you, as a SDR holder, does not need to take any action in order to receive the consideration. 

Tax?
Holders of SDRs are recommended to consult with their tax advisors as to tax consequences that may arise as a result of the merger. 

Convertibles 

How are the holders of the convert issued in May 2019 treated under this agreement?
 
The closing of the transaction will constitute both a Fundamental Change and a Make-Whole Fundamental Change under the indenture governing the convertible notes, as will be further described in notices sent to the holders of the convertible notes. At closing, the convertible notes will becomes convertible into cash based on the transaction consideration.