Notice of stabilization and over-allotment option exercise

2011-06-20Pressnyhet

PRESS RELEASE | GOTHENBURG, 20 June 2011

FinnvedenBulten AB (publ) ("FinnvedenBulten") has been informed that Carnegie Investment Bank and Handelsbanken Capital Markets have exercised, 687,741 shares, of the over-allotment option to purchase 1,698,972 additional shares, which was granted by the selling shareholder Nordic Capital Fund V in connection with the initial public offering of FinnvedenBulten. The exercise of the over-allotment option means that a total of 12,014,224 shares, representing 57.1% of the outstanding shares in FinnvedenBulten, have been sold in connection with the initial public offering.

The stabilization period commenced on May 20, 2011 and ended on June 17, 2011. All stabilization transactions were carried out within the spread SEK 45.00-49.00. The stabilization period has now been concluded and no further stabilization transactions will be carried out.

Spread per day:

May 20, 2011: SEK 48.90-49.00

May 23, 2011: SEK 48.00-49.00

May 24, 2011: SEK 48.30-48.70

May 25, 2011: SEK 48.40-48.90

May 26, 2011: SEK 48.60-48.90

May 27, 2011: SEK 48.70-49.00

May 30, 2011: SEK 49.00-49.00

May 31, 2011: SEK 48.90-49.00

June 1, 2011: SEK 48.40-49.00

June 3, 2011: SEK 47.00-48.40

June 8, 2011: SEK 47.00-47.90

June 9, 2011: SEK 47.50-49.00

June 10, 2011: SEK 47.50-49.00

June 13, 2011: SEK 47.50-48.70

June 14, 2011: SEK 47.50-48.70

June 15, 2011: SEK 47.50-48.40

June 16, 2011: SEK 45.00-46.80

June 17, 2011: SEK 45.50-46.50

1,011,231 FinnvedenBulten shares, which were borrowed in order to cover any over-allotment in connection with the initial public offering, will be returned to the selling shareholder Nordic Capital Fund V. Nordic Capital Fund V thereafter holds 7,274,273 shares, representing 34.6% of the votes and share capital.

Carnegie Investment Bank and Handelsbanken Capital Markets acted as Joint Lead Managers and Joint Bookrunners for the offering.

For further information, please visit www.finnvedenbulten.com or contact:

Kamilla Oresvärd
VP Corporate Communications
Telephone: +46 31-734 59 17, e-mail: media@finnvedenbulten.com

FinnvedenBulten develops and manages industrial businesses, offering products, technical solutions and systems in metallic materials. The Group operates as a business partner to international customers in the engineering industry, primarily the automotive industry. FinnvedenBulten is structured into two divisions – Finnveden Metal Structures and Bulten – both with strong positions in their respective customer segments. FinnvedenBulten is listed on NASDAQ OMX Stockholm. Further information at www.finnvedenbulten.com.

The information in this announcement is required to be disclosed by FinnvedenBulten AB (publ) ("FinnvedenBulten” or the "Company") under the Swedish Securities Markets Act (Sw. lag om värdepappersmarknaden). This information was released for publication at 8:30 CET on 20 June 2011.

Important notice

This press release does not constitute an offer for sale of securities of FinnvedenBulten (the “Securities”) in the United States, Canada, Australia or Japan. The Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration thereunder. No communication or information related to the Securities may be disseminated to the public in jurisdictions other than Sweden where prior registration or approval is required for that purpose. No steps have been taken or will be taken relating to the offering of Securities outside of Sweden in any jurisdiction in which such steps would be required.

The purchase of Securities is subject to specific legal or regulatory restrictions in certain jurisdictions. The Company assumes no responsibility in the event there is a violation by any person of such restrictions.

This document does not constitute an offering circular or prospectus in connection with an offering of Securities. Investors must neither accept any offer for, nor acquire, any Securities to which this document refers, unless they do so on the basis of the information contained in the applicable prospectus published or distributed by the Company. This document does not constitute an offer to sell, or the solicitation of an offer to buy, any Securities and cannot be relied on for any investment contract or decision.

This document has not been approved by any regulatory authority. This document is a press release and not a prospectus or offering circular.

The Company has not authorized any offer to the public of Securities in any Member State of the European Economic Area other than Sweden. With respect to each Member State of the European Economic Area other than Sweden and which has implemented the Prospectus Directive (each, a “Relevant Member State”), no action has been undertaken or will be undertaken to make an offer to the public of Securities requiring a publication of a prospectus in any Relevant Member State. As a result, the Securities may only be offered in Relevant Member States:

  • to legal entities which are authorized or regulated to operate in the financial markets or, if not so authorized or regulated, whose corporate purpose is solely to invest in securities;
  • to any legal entity meeting two or more of the following criteria: (1) an average of at least 250 employees during the last financial year; (2) a total balance sheet of more than € 43 million and (3) an annual net turnover of more than € 50 million, as shown in its last annual or consolidated accounts; or
  • in any other circumstances, not requiring the Company to publish a prospectus as provided under Article 3(2) of the Prospectus Directive.

For the purposes hereof, the expression an “offer to the public of Securities” in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the offer and the Securities to be offered so as to enable an investor to decide to purchase any Securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression “Prospectus Directive” means Directive 2003/71/EC and includes any relevant implementing measure in each Relevant Member State.

The Securities are not being offered or sold or acquired in the United States, Canada, Australia or Japan.

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