SAS PUBLISHES FINAL SUBSCRIPTION PRICE IN DKK IN ITS RIGHTS ISSUE
15 October 2020, 08.29 CEST
As announced by SAS AB (“SAS” or the “Company”) on 23 September 2020, the Board of Directors of SAS has resolved on a rights issue of common shares in accordance with the Company’s recapitalization plan. The subscription price in the rights issue is SEK 1.16 per common share. Holders of shares registered with VP Securities and traded at Nasdaq Copenhagen in Denmark will pay an amount in DKK corresponding to the subscription price of SEK 1.16 per common share, as further described in the prospectus published on 30 September 2020 (the “Prospectus”).
The final subscription price in DKK has, as set out in the Prospectus, been determined based on Bloomberg’s 07:00 CEST DKK/SEK exchange rate today and resulted in a subscription price of DKK 0.8321 per common share. The aggregate amount in DKK that a subscriber will pay will be rounded up to whole centesimal (Dk. øre).