B&B TOOLS: Publication of an information brochure ahead of the EGM of Shareholders in B&B TOOLS on 14 June 2017 to resolve on distribution of Momentum Group and election of a new Board of Directors

As previously announced in a press release on 22 May 2017, the Board of Directors of B&B TOOLS AB (publ) has resolved to propose that an Extraordinary General Meeting of Shareholders in B&B TOOLS on 14 June 2017 resolves to distribute the shares in the subsidiary Momentum Group AB to the...

London, 24/05/2017 (informazione.it - comunicati stampa - industria)

As previously announced in a press release on 22 May 2017, the Board of Directors of B&B TOOLS AB (publ) has resolved to propose that an Extraordinary General Meeting of Shareholders in B&B TOOLS on 14 June 2017 resolves to distribute the shares in the subsidiary Momentum Group AB to the shareholders of B&B TOOLS. In connection with the planned distribution, the Election Committee of B&B TOOLS has also proposed that a new Board of Directors of B&B TOOLS be elected, a proposal that will be resolved on by the Extraordinary General Meeting of Shareholders on 14 June 2017.

To provide B&B TOOLS' shareholders with supplementary information ahead of the Extraordinary General Meeting of Shareholders on 14 June 2017, B&B TOOLS has prepared an information brochure. The information brochure was published today and is available on B&B TOOLS' website (under the tab Corporate Governance / General Meeting of Shareholders / Extraordinary General Meetings of Shareholders). The information brochure will also be distributed by post to directly registered shareholders in Sweden.

Stockholm, 24 May 2017

For further information, please contact:
Mats Karlqvist, Head of Investor Relations, B&B TOOLS AB, Tel: +46 70 660 31 32