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LUXO SDB - Luxonen SA News Story

SEK64.25 0.0  0.0%

Last Trade - 17/06/16

Sector
Financials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £-896k
Position in Universe th / 1829

BRIEF-Luxonen: agreement in principle reached to settle, to fulfill liquidation

Mon 8th February, 2016 8:52am
Feb 8 (Reuters) - Luxonen SA  LUXOsdb.ST : 
    * Says agreement in principle has been reached to settle, about 80 pct of Argentina's 
obligations to the Nordic Fund for Emerging Markets debt 
    * After the settlement, the expected NAV will be about 64 Swedish crowns ($7.58) per share 
in Luxonen 
    * If settlement is achieved for 100 pct, this will represent a value of roughly 62 crowns 
per Luxonen share 
    * Says once fund has reached settlement with Argentina, the aim is to fulfil the liquidation 
and to ask for a delisting of Luxonen from Nasdaq Stockholm 
 
Source text for Eikon: [ID:nBQN19679y 
     
Further company coverage:  LUXOsdb.ST  
 
($1 = 8.4460 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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