Saab AB (publ) (‘Saab’) has reached an agreement with FöreningsSparbanken AB/Swedbank Markets (‘Swedbank’) to implement a programme of commission-free trading for shareholders who do not own a whole trading lot.
“The aim of the move is to enable shareholders who do not own a whole trading lot to buy or sell shares cost-effectively, and thereby establish a more active shareholder base,” says Åke Svensson, CEO of Saab.
Terms for Saab’s offer of commission-free trading
Saab’s Board of Directors has decided to offer shareholders the opportunity, without commission, to buy or sell as many shares as they need to reach a holding that equates to an even trading lot (100 shares). In addition, shareholders are offered the opportunity to buy or sell any number of whole trading lots. The offer is administered by Swedbank and is valid on May 2-15, 2006. The aim of the offer is to increase the number of shareholders who own whole trading lots, thereby building a foundation for better liquidity in the Saab share.
Linköping, April 24, 2006
The Board of Directors