Acquisition offer for LTV 2012 resolved

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Acquisition offer for LTV 2012 resolved 
Ericsson has expanded its treasury stock in order to provide shares for the Long-Term Variable Remuneration Programme (LTV) 2012 for employees in Ericsson in accordance with the resolution adopted at the Annual General Meeting 2012. 
The Board of Directors of Ericsson has resolved, by virtue of an authorization given by the Annual General Meeting to direct an acquisition offer to all holders of C shares to acquire these shares. Acquisition shall be made during the period May 25 - June 13, 2012. Payment for acquired shares shall be made in cash with SEK 5.0052 per share. 
The offer is part of the financing of Ericsson's Long-Term Variable Remuneration Programme 2012 and includes all 31,700,000 C shares which Ericsson has previously decided to issue to AB Industrivärden and Investor AB, for the programme. AB Industrivärden and Investor AB have informed Ericsson that they intend to accept the offer. 


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