Brief: Mtg Proposes A SEK 2,767 Million Extraordinary Cash Distribution To Its Shareholders And A Simplified Corporate Structure Through A Minority Share Exchange

Modern Times MTG AB

09/05/2022 22:45

May 9 (Reuters) - Modern Times Group MTG AB  MTGb.ST :
    * MTG PROPOSES A SEK 2,767 MILLION EXTRAORDINARY CASH
DISTRIBUTION
TO ITS SHAREHOLDERS AND A SIMPLIFIED CORPORATE STRUCTURE THROUGH
A MINORITY SHARE EXCHANGE
    * BOARD OF DIRECTORS WILL PROPOSE AN EXTRAORDINARY CASH
DISTRIBUTION OF SEK 25.00 PER SHARE, EQUIVALENT TO SEK 2,767M IN
AGGREGATE

Source text for Eikon:  ID:nWkr7lh8CV 
Further company coverage:  MTGb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))