Ulf Mattsson, President and Chief Executive Officer of Capio, said: "The rights issue will help to provide the Group with a well-balanced capital structure, giving the capacity to fund organic growth and acquisitions, and the financial strength required to bid for public tenders. It is an exciting period throughout Europe with significant future opportunities. We look forward to continuing the development of Capio."
Underwriting Deutsche Bank AG and Nordea Bank AB have undertaken to subscribe for all shares that have not been subscribed for by other shareholders. The underwriting is subject to customary terms and conditions.
Terms and time schedule for the rights issue in brief * One right will be issued for each share held. * Every 5 subscription rights held will entitle eligible shareholders to subscribe for one new share. * The subscription price will be SEK 118 per new share. * Record date for participation in the rights issue is 3 May 2006, and the last day of trading in Capio shares including subscription rights is 27 April 2006. * Trading in subscription rights shall take place during the period 8 May 2006 to 18 May 2006. * The subscription period shall take place during the period 8 May 2006 to 23 May 2006.
A prospectus setting out the terms and conditions of the rights issue as well as information about the company and financial information is expected to be published on or around 28 April 2006 and will be distributed to eligible shareholders registered with VPC on 3 May 2006 in accordance with Swedish market practice and applicable securities regulations.
Göteborg, 26 April 2006 Capio AB (publ)
For more information, please contact; Tomas Lindhardt, Group Treasurer and VP Group Finance, Capio AB +46 31 732 40 19, +46 70 261 09 01 Staffan Carlson, Chief Financial Officer, Capio AB +46 31 732 40 30, +46 70 398 00 09 Ulrika Stenson, SVP Corporate Communications, Capio AB +46 31 732 40 04, +46 70 590 07 23
Capio Group is one of Europe's leading healthcare providers, with operations in Sweden, Norway, Denmark, Finland, the United Kingdom, France, Spain and Portugal. The Capio Group has annual net revenues of approximately SEK 12,500 M (EUR 1,350 M), with some 14,500 employees.
The release, publication or distribution of this announcment in certain jurisdictions may be restricted by law and persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe any such restrictions.
No offer, invitation or inducement to acquire shares or subscription rights in Capio is being made by or in connection with this announcement. Any offer, invitation or inducment to acquire shares in Capio will be made solely by means of the prospectus, published on or around 28 April 2006, as updated by any supplementary prospectus, and any decision to keep, buy or sell shares or subscription rights in Capio should be made solely on the basis of the information contained in such document(s).
This announcement is not for distribution or transmission, directly or indirectly, in or into the United States, Canada, Japan, Hong Kong or Australia and does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securitites in Capio, nor shall there be any sale, issue or transfer of securities referred to in this announcement in contravention of applicable law.
This announcement does not contain or constitute an offer for securities for sale in the United States. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act.
Deutsche Bank and Nordea are acting for Capio AB and no one else in connection with the rights issue and will not be responsible to anyone other than Capio AB for providing the protections afforded to clients of Deutsche Bank and Nordea respectively or for providing advice in connection with the rights issue.