Through this press release, Metro International S.A. hereby informs its shareholders of the price per share as determined by the independent expert KPMG Luxembourg and proposed by Investment AB Kinnevik for the shares concerned by the squeeze-out.
Based on the conclusions of the valuation report (the “Valuation Report”) of KPMG Luxembourg, the fair price is SEK 0.90 and SEK 0.94 per Class A and Class B share, respectively.
Given the fair price determined by KPMG Luxembourg as mentioned above, Investment AB Kinnevik as majority shareholder of Metro International S.A. has announced that the proposed price for the shares concerned by the squeeze-out is SEK 0.90 and SEK 0.94 per Class A and Class B share, respectively.
Additional information relating to the squeeze out process, including the full Valuation Report, is available on:
For further information, visit www.metro.lu or contact:
Azhar Damad, Chief Financial Officer Mobile +46 (0)70 415 95 31
ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest international newspaper in the world. Metro is published in over 100 major cities in 23 countries across Europe, North & South America and Asia. Metro has a unique global reach – attracting a young, active, well-educated Metropolitan audience of over 18 million daily readers.