Investment AB Kinnevik ("Kinnevik"), through the wholly-owned subsidiary Kinnevik Media Holding AB, on 10 April 2012 completed the public tender offer for Metro International S.A. ("Metro" or the "Company"). After the extended acceptance period, Kinnevik controlled in total approximately 94 percent of the total number of outstanding shares of series A (and votes) in Metro, approximately 95 percent of the total number of outstanding shares of series B in Metro (in total approximately 95 percent of the total number of outstanding shares of series A and B in Metro), approximately 98 percent of the total number of warrants in Metro and approximately 97 percent of the total number of debentures in Metro.
Based on the above, the Board of Directors of Metro considers that it is no longer justified for the Company to remain listed and has therefore decided to request that the shares, warrants and debentures of the Company are delisted from NASDAQ OMX Stockholm. Last day for trading in the Company's shares, warrants and debentures on NASDAQ OMX Stockholm will be announced as soon as the Company has received notice thereof from NASDAQ OMX Stockholm.
For further information, please visit www.metro.lu (http://www.metro.lu/) or contact:
| Anders Kronborg, CFO | Tel: +44 79 1254 0800 |
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ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest international newspaper in the world. Metro is published in over 100 major cities in 22 countries across Europe, North & South America and Asia. Metro has a unique global reach - attracting a young, active, well-educated Metropolitan audience of 17 million daily readers.
Metro International S.A. shares are listed on NASDAQ OMX Stockholm through Swedish Depository Receipts of series A and series B under the symbols MTROA and MTROB.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Metro International via Thomson Reuters ONE
