Information of splitting the business

The extraordinary general meeting of Hemfosa on September 13, 2018 resolved to distribute all of the shares in the subsidiary Nyfosa AB (“Nyfosa”) to the ordinary shareholders of Hemfosa. The Board of Directors was authorized to determine the record date for the distribution and the record date has now been set to November 21, 2018. The first day of trading in Nyfosa shares is expected to be November 23, 2018. Please see Prospectus below.

Nyfosa website www.nyfosa.se

Nyfosa Prospectus

Information brochure

Pressrelease August 21

 

FAQ

What is the reason for the distribution of the shares in Nyfosa?
The board of directors of Hemfosa believes that a distribution of shares and a separate listing of Nyfosa will provide better conditions to leverage the potential in the current Hemfosa Group and thereby increase shareholder value.

What are the terms and conditions of the distribution?
Registered ordinary shareholders of Hemfosa on the record date for the distribution will receive one share in Nyfosa for each ordinary share held in Hemfosa. Preference shares in Hemfosa do not carry entitlement to distribution.

Do I need to take any actions in order to receive the distributed shares? No, registered ordinary shareholders of Hemfosa on the record date for the distribution will automatically receive shares in Nyfosa.

I own preference shares in Hemfosa, will I receive shares in Nyfosa?
No, preference shares in Hemfosa are not eligible for distribution in kind and therefore do not carry entitlement to any shares in Nyfosa.

When is the record date for the distribution?
The Board of Directors was authorized to determine the record date for the distribution and the record date has now been set to November 21, 2018. The first day of trading in Nyfosa shares is expected to be November 23, 2018.

Will the distribution have any tax consequences for me as an ordinary shareholder?
According to written confirmation from the Swedish Tax Agency (Sw. Skatteverket), shares received in connection with the distribution of Nyfosa are exempted from taxation in Sweden under the Lex ASEA rules. The tax basis for the shares in Hemfosa that carry distribution rights will be allocated among the existing Hemfosa shares and shares received in Nyfosa. The allocation of the tax basis will be based on the change in value of the shares in Hemfosa arising from the distribution of the shares in Nyfosa. Hemfosa will request general guidelines from the Swedish Tax Agency regarding the allocation of the tax basis. Read more information regarding the Swedish Tax Agency’s general guidelines here.

Report of Organizational Actions Affecting Basis of Securites

Questions regarding the distribution
will be answered per telephone: +46 8 448 04 80
The information brochure can be ordered: via e-mail to info@hemfosa.se or per telephone: +46 8 448 04 80