Press Release 14 October 2005
Extension of the subscription period in the rights issue
The Board of Directors of Kungsleden has decided to extend the subscription period of the ongoing rights issue until 21 October 2005 inclusive.
Due to uncertainties regarding the interpretation of the new insider regulation that came into force on 1 July 2005, the Board of Directors has decided to extend the subscription period for the ongoing rights issue until 21 October 2005 inclusive, i.e. until after the announcement of the interim report for the period 1 January – 30 September 2005. Through this extension, shareholders in positions that would give them access to insider information will be able to exercise their allocated rights to subscribe in the rights issue. The extension does not imply that the period for trading in subscription rights will be extended. As a consequence of the extension of the subscription period, Kungsleden will register a supplement to its prospectus regarding the Offer to subscribe for shares in Kungsleden AB’s new issue 2005.
For more information, please contact:
Jens Engwall, CEO, phone +46 (0)8 503 052 04, mobile +46 (0) 70 690 65 50
Johan Risberg, CFO, phone +46 (0)8 503 052 06, mobile +46 (0) 70 690 65 65
Peder Egnell, Enskilda Securities, phone +46 (0)8 522 295 00