The board of Betsson AB (publ) has today decided to call for an extraordinary general meeting, Friday the 30th of
March 2007, to handle the boards proposal of distribution of all shares in the subsidiary Net Entertainment NE
AB (publ).
According to the proposal the general meeting shall empower the board to set the record day. The notice of the
extraordinary general meeting is shown as an appendix to this press release and will be published Friday the 16th of
March 2007 in Dagens Industri and Post- och Inrikes Tidningar
The distribution implies that each share of series A in Betsson will give the right to one share of series A in Net
Entertainment and one share of series B in Betsson will give the right to one share of series B in Net Entertainment.
If the general meeting decides according to the boards proposal the shares in Net Entertainment NE AB will be listed on
the Nordic Growth Marked, which is expected to take place the first trading day after the record day for the distribution.
The intention of the board is to set the record day to take place in the beginning of April 2007.
The boards complete proposal for the distribution will be available for download at Betssons homepage
www.betsson.se, as of the 16th of March 2007 (proposal in Swedish). The prospectus regarding the listing of Net
Entertainment NE AB will be available for download at Betssons homepage around the 29th of March 2007. The
complete proposal for the distribution and the prospectus will also be available at the companys head office at Birger
Jarlsgatan 57B, Stockholm Sweden but can also be ordered via telephone +46 8 506 403 00 or via email:
[email protected], after which the documents will be posted free of charge to shareholders stating their address.
Proposal of election of new member of the board
On the grounds that Skuli Valberg Olafsson, at his own request, has resigned from the board, the shareholder Straumur
Burdaras, representing 27,6 percent of the share capital and 26,1 percent of the number of votes in the company,
suggest that Emil Sunvisson is elected as new member of the board during the time until the next annual general
meeting.
Emil Sunvisson is born 1971 and is operative as CEO of Scandcap AB and is financial advisor to Straumur Burdaras
Investment Bank. Sunvisson is also member of the board of Cherryföretagen AB (publ).
For further information, please contact;
Pontus Lindwall, CEO and Director Betsson AB (publ), +46 8 556 967 10, +46 708 27 51 55, [email protected]
Appendix:
NOTICE OF EXTRAORDINARY GENERAL MEETING IN BETSSON AB (PUBL)
The shareholders of Betsson AB (publ) are hereby called to extraordinary general meeting Friday the 30th of March 2007
at 15.00 at the company headquarters, Birger Jarlsgatan 57B, Stockholm, Sweden.
Registration etc.
Shareholders who wish to participate in the meeting shall:
- be entered in the share register kept by VPC AB by Friday, 23 March 2007
- and be registered as meeting participants no later than Tuesday, 27 March 2007
Registration as a participant shall be submitted in writing to the company at Birger Jarlsgatan 57B, SE-113 56
Stockholm, Sweden, by telephone +46 (0)8 506 403 00, by fax +46 (0)8 735 57 44 or by email [email protected]. The
following should be stated when registering: name, social security number or corporate identification number, address,
phone number, shareholdings stating allocation between the different classes of shares, and the number of legal
representatives (no more than two). If participation is made by proxy, it should be submitted when registering for the
general meeting.
In order to be able to participate in the general meeting, nominee shareholders must temporarily register their shares in
their own name. Shareholders who wish such re-registration must inform their fund manager of this in good time before
23 March 2007.
Proposed agenda
1. Electing a meeting chairman
2. Drawing up and approving the voting list
3. Approving the agenda
4. Electing one or two minute verifiers
5. Confirming that the meeting was duly convened
6. Decision to distribute all shares in Net Entertainment NE AB (publ)
7. Election of member of the board
Proposal of decision to distribute all shares in Net Entertainment NE AB (publ) (item 6)
The board proposes that the general meeting decide to distribute all shares in the subsidiary Net Entertainment NE AB
on the basis of the following conditions:
Each share of series A in Betsson AB gives the right to one share of series A in Net Entertainment NE AB and each
share of series B in Betsson AB gives the right to one share of series B in Net Entertainment NE AB. The board
proposes that the general meeting empowers the board to set the record day.
After the distribution the B-shares of Net Entertainment NE AB will be listed on the Nordic Growth Market, which is
expected to take place the first trading day which occurs after the record day for the distribution. Through the distribution
non-restricted equity in Betsson AB is decreased up to 4 047 949 SEK.
The boards complete proposal for the distribution will be available to download at Betssons homepage www.betsson.se,
as of the 16th of March 2007 (proposal in Swedish). The prospectus regarding the listing of Net Entertainment NE AB will
be available for download at Betssons homepage around the the 29th of March 2007. The complete proposal for the
distribution and the prospectus will also be available at the company head office at Birger Jarlsgatan 57B, Stockholm
Sweden and can also be ordered via telephone +46 8 506 403 00 or via email: [email protected], after which the
documents will be posted free of charge to shareholders stating their address.
Proposal of election of member of the board (item 7)
On the grounds that Skuli Valberg Olafsson, at his own request, has resigned from the board, the shareholder Straumur
Burdaras, representing 27,6 percent of the share capital and 26,1 percent of the number of votes in the company,
suggest that Emil Sunvisson is elected as new member of the board during the time until the next annual general
meeting.
Stockholm March 2007
The Board of Directors