STOCKHOLM, Sweden, July 9, 2003 (PRIMEZONE) -- Realia (Other OTC:RLIAF) (formerly Columna Fastigheter): This offer is not directed to persons whose participation presupposes a further prospectus, registration or measures other than those required under Swedish law.
The press release may not be distributed or released in any country in which distribution or the offer requires measures as stated in the preceding paragraph or is in contravention of the rules in such a country.
Press release
Welkins Intressenter completes the offer to Realia's (formerly Columna Fastigheter) shareholders and extends the acceptance period until August 29, 2003.
-- Welkins Intressenter AB ("Welkins") has, after the extended
acceptance period, received acceptances from shareholders
representing 7.7 million shares, corresponding to
approximately 32 per cent of the outstanding shares in Realia.
More than 25,000 shareholders have accepted the offer.
-- Welkins, Weland Fastigheter AB and Thomas Hopkins, through
company, would thus control approximately 79 per cent of the
shares and votes in Realia.
-- Welkins has decided to complete the offer, and following this,
shareholders will start to receive payment beginning on July 10,
2003.
-- In order to give other shareholders the possibility to accept
the offer, the acceptance period is extended through August 29,
2003. For shareholders who accept the offer at the latest on
August 8, 2003, payment will be received on August 15, 2003.
For others, payment will be received on September 5, 2003.
-- The offer from Welkins is SEK 38 per share in Realia.
Nobrokerage fee is charged. If Welkins during the acceptance
period reaches an acceptance level of more than 90 per cent of
the shares in Realia, an additional SEK 2 will be paid per share,
thus in total SEK 40 per share. The amount will also be paid to
shareholders who already accepted the offer and received payment
of SEK 38 per share.
-- Welkins reserves the right to purchase shares in the market.
Smalandsstenar July 8, 2003
Welkins Intressenter AB
Questions are answered by Thomas Hopkins, tel. +46 123-31022.
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The following files are available for download:
http://www.waymaker.net/bitonline/2003/07/09/20030709BIT00510/wkr0001.doc
http://www.waymaker.net/bitonline/2003/07/09/20030709BIT00510/wkr0002.pdf