Clarification regarding capital structure and allocation of debt
As communicated earlier today, the SCA Board of Directors plans to initiate work in order to propose to the Annual General Meeting 2017 to decide on a split of the Group into two listed companies in order to create further value for the shareholders.
This is planned to be completed through a distribution of the Group’s hygiene business to its shareholders whereby SCA’s shareholders will, in addition to their current shareholding, also receive shares in the new listed hygiene company.
In order to avoid any potential uncertainties, SCA wishes to underline the fact that no decision has been made on how to handle creditors, future capital structure, allocation of debt, etc. in relation to the contemplated separation.
For additional information please contact: Fredrik Rystedt, CFO and Executive Vice President, +46 8 788 51 31 Henrik Sjöström, Media Relations Manager, +46 8 788 51 36 Johan Karlsson, VP Investor Relations, +46 8 788 51 30