SCA's option scheme to senior management

  • Regulatory press release

SCA's option scheme to senior management The first allotment in the personnel options program has now been made. The acquisition price of a Class B SCA share was set at SEK 220, corresponding to the average last price paid for the SCA B share on the Stockholm Stock Exchange during the period 30 April-11 May, 2001. The options have a lifetime of seven years, with the right to exercise one third of the allotment after one year, one-third after two years and the remaining one-third after three years. In connection with this SCA has today acquired all 1,800,000 Class C shares from Nordinvest AB - a subsidiary of AB Industrivärden - at a price of SEK 10:05 per share. All acquired shares will be converted to Class B shares. Stockholm, 6 June 2001 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Communications and Investor Relations For further information, please contact: Peter Nyquist, Vice President Communications and Investor Relations, Phone +46-70 575 29 06 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: