UPPSALA, Sweden, Feb. 12, 2002 (PRIMEZONE) -- Pricer:
Notice is hereby given that your attendance is requested at the Extraordinary General Meeting of Pricer AB (publ) which will be held in Radisson SAS Hotell Gillet, Dragarbrunnsgatan 23, Uppsala, on 28 February 2002 at 4 pm.
Notification of Attendance
Shareholders who wish to participate in the Extraordinary General Meeting must be recorded in the register of shareholders maintained by the Swedish Securities Register Centre, VPC, no later than Monday, 18 February 2002 and must notify the Company no later than 4 pm on Monday, 25 February 2002 in writing to Pricer AB (publ), Kristallen, SE-754 51 Uppsala, Sweden, by telephone +46 18-18 81 00 or by fax +46 18-69 60 56. The notification should include name, address, telephone number, personal or corporate identity number and number of shares held.
To be entitled to participate at the Meeting, shareholders whose shares are registered in the name of a trustee must have their shares temporarily re-registered in their own name with VPC. Shareholders must notify their trustees well in advance of 18 February 2002.
Evidence of the right to attend, such as power of attorney and company registration certificate should, where applicable, be sent to Pricer AB before the EGM.
Business
1. Opening of the EGM
2. Election of Chairman of the EGM
3. Drawing up and approval of voting list
4. Approval of Agenda
5. Election of one or two persons to verify the Minutes
6. Review of procedures to establish if the AGM has been duly
convened
7. Issue of shares with right of preference for the shareholders
Approval of the Board of Directors' decision on 7 February 2002 to
increase Pricer's share capital by not more than 9,542,359.40
through an issue of not more than 95,423,594 new series B shares,
each for a nominal value of SEK 0.10. The company's shareholders
shall have a right of preference to subscribe for new shares.
Regardless of class of share, every full five shares shall entitle
the holder to subscription of two new series B shares. The issue
price shall be SEK 1.15 per share. Subscription of shares with a
right of preference shall be made during the period 13 - 26 March
2002. The record day for participation in the new share issue
shall be 7 March 2002.
8. Issue of debt instrument with warrants.
Approval of the Board of Directors' decision on 7 February 2002 to
raise a subordinated loan for a nominal value of SEK 1,000 through
an issue linked with 23,855,898 detachable warrants for
subscription of series B shares, each with a nominal value of SEK
0.10 following which the company's share capital could increase by
not more than SEK 2,385,589.80. Only Bankaktiebolaget JP Nordiska
shall be entitled to subscribe for debt instruments with a
departure from the shareholders' right of preference. Subscription
for and payment of debt instruments linked with detachable
warrants for subscription of new shares shall be made not later
than 31 March 2002. The subordinated loan matures for payment on
31 December 2002 and shall run at an annual interest of five (5)
per cent. The warrants entitle holders to subscription of new
shares in the company at a price of SEK 1.90 per share during the
period 15 September 2003 to 17 October 2003 inclusive. The
detachable warrants shall be transferred, free of charge, to those
of the company's shareholders who have subscribed for shares in
accordance with item 7 above. One (1) warrant, which entitles the
holder to subscription of one (1) series B share, shall be
received for every full four subscribed and allocated shares.
9. Closing of the EGM.
Documents for the EGM
The Board of Directors' decision relating to items 7 and 8 above as well as documents in accordance with Chapter 4 Section 4 of the Companies Act will be available at the company for at least one week prior to the EGM. The documents will be sent to shareholders on request (stating their postal address in conjunction with such a request).
Pricer AB (publ) was founded in 1991 in Uppsala and has built a leading position in the world market as a supplier of electronic display and information systems to the retail industry. Pricer offers electronic information systems intended to improve significantly customer benefit and improve retail profitability. Through Pricer's co-operation with highly competent partners, customers are offered a totally integrated solution together with the supplementary products, applications and services offered by our partners. The Pricer share is quoted on the O- list of Stockholm Exchange. For further information, please visit Pricer's website www.pricer.se . Registration to receive news releases automatically via e-mail can be made through the website.
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