Brief: Kinnevik Proposes To Distribute Entire Millicom Shareholding To Co's Shareholders
17/09/2019 12:06
Sept 17 (Reuters) - Kinnevik KINVb.ST :
* REG-KINNEVIK PROPOSES TO DISTRIBUTE ITS ENTIRE MILLICOM
SHAREHOLDING TO ITS SHAREHOLDERS AND RESOLVES TO AMEND ITS
SHAREHOLDER REMUNERATION POLICY
* WILL DELIVER AN EXTRAORDINARY DISTRIBUTION OF VALUE TO
KINNEVIK'S SHAREHOLDERS OF IN TOTAL APPROXIMATELY SEK 19.0BN,
CORRESPONDING TO SEK 69 PER KINNEVIK SHARE
* BOARD INTENDS TO PROPOSE DISTRIBUTION TO AN EGM OF
SHAREHOLDERS
IN TIME FOR DISTRIBUTION TO BE CARRIED OUT BEFORE END OF 2019
* COMPLETE TERMS FOR DISTRIBUTION WILL BE SET OUT IN
UPCOMING
NOTICE TO EXTRAORDINARY GENERAL MEETING
Source text for Eikon: ID:nGNET2Bqx
Further company coverage: KINVb.ST
(Gdynia Newsroom)
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