2011-01-07 Press release: REMINDER REGARDING DISTRIBUTION OF SHARES IN WeSC AND TRADING IN THE REDEMPTION SHARE WITHOUT COMMISSION

As previously made public, AB Novestra (publ) (“Novestra” or “The Company”) has decided on a distribution of 371,879 shares in Novestras portfolio company WeSC AB (publ) (“WeSC”). The distribution is made through a redemption procedure with the following time plan.

TIME PLAN

January 7, 2011 Last day to trade in the Novestra share including the redemption share

January 10, 2011 First day the Novestra share will be traded excluding the redemption share

January 12, 2011 Record date for receiving redemption shares

January 17 – 21, 2011 Redemption shares will be traded at NASDAQ OMX Stockholm

February 9, 2011 Record date for owners of redemption shares

Starting February 11, 2011 Euroclear Sweden AB is expected to execute the distribution of the WeSC shares

For detailed information regarding the distribution and instructions, reference is made to press release and information brochure (in Swedish) made public on December 20, 2010, available at Novestras website, www.novestra.com.

Shareholders whose shares in Novestra are registered under a nominee name should contact the nominee for information and instructions.

For further information, please contact Johan Heijbel, Managing Director AB Novestra,
+46 (0)8 545 017 50.

About AB Novestra
Novestra is an independent investment company with a portfolio of investments in a number of privately held growth companies including Diino AB, Explorica, Inc., MyPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Group GmbH. In addition, Novestra has an investment corresponding to approximately 11 percent of the shares in WeSC AB, listed on First North.

The Novestra shares are listed on the Nasdaq OMX Stockholm, under the symbol NOVE, in the Small Cap section. For further information regarding AB Novestra, reference is made to www.novestra.com

Download press release (PDF)

Comments are closed.