In conjunction with OM’s offer to the shareholders of the London Stock Exchange plc (“LSE”), the Board of OM has called an Extraordinary General Meeting of shareholders to take place on November 6, 2000 at 4pm in the Polhemssalen, Ingenjörshuset (Citykonferensen), Malmskillnadsgatan 46 in Stockholm. At this meeting, the Board will present a proposal to OM’s shareholders regarding its mandate to authorise the board to decide on issues of new shares. The intention is to use the authorisation partly to issue new OM shares to LSE’s shareholders as part of the offer consideration and partly to issue new OM shares to OM’s shareholders in order to refinance a portion of the cash element of this offer. The issues in question will only take place in the event of OM declaring the offer wholly unconditional.
On October 13, 2000 OM published its increased offer to the London Stock Exchange shareholders in which OM made, in summary, the following offer for each LSE share: 1.4 newly issued OM shares, or; GBP 20 (around SEK 290) in cash and 0.5 newly issued shares in OM.
Prior to the Meeting an information brochure about the LSE offer will be sent out to all OM’s shareholders.