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Swedish Securities Council does not consider Hakon Invest's offer to be in contravention of good stock market practice

Wed. June 17, 2009; Posted: 09:39 AM
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Jun 17, 2009 (Hugin via COMTEX) -- HMTXF | Quote | Chart | News | PowerRating -- Further to the petition submitted to the Swedish Securities Council (Sw. Aktiemarknadsnamnden) by the Board of Directors of Hemtex AB (publ) ("Hemtex") on 10 June 2009, the Council has today published statement 2009:16. The Council's statement concludes that Hakon Invest AB's (publ) ("Hakon Invest") mandatory offer that was announced on April 28, 2009, to Hemtex shareholders is not in contravention of good stock market practice.

The Swedish Securities Council's full statement is available at www.aktiemarknadsnamnden.se.

For more information, please contact:

SVP Investments & Portfolio Companies Stein Petter Ski Tel +46 8 55 33 99 44

Head of Investor Relations Pernilla Grennfelt Tel +46 8 55 33 99 55

Hakon Invest, which is listed on the OMX Nordic Exchange in Stockholm, conducts active and long-term investment operations in retail-oriented companies in the Nordic region. Hakon Invest owns 40% of ICA AB, the Nordic region's leading retail company with a focus on food. The portfolio also includes shares in Forma Publishing Group, Kjell & Company, Hemma, Cervera and inkClub. Further information about Hakon Invest is available at www.hakoninvest.se

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

SOURCE: Hakon Invest AB

For full details for HMTXF click here.

    


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