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SBC withdraws FY 2013 dividend proposal; proposes share split and redemption


Tuesday, 8 Apr 2014 08:45am EDT 

SBC Sveriges BostadsrattsCentrum AB:Withdraws FY 2013 dividend proposal of 0.55 Swedish crowns per share.Says now proposes automatic redemption procedure.Intends to conduct a 4:1 share split, wherein one of the new shares will be redeemed.Will pay 2.00 crowns per each redeemed share.