Invik & Co. AB today announces it acquires convertible debenture loans corresponding to 420,462 stocks of type A in Modern Times Group MTG AB ("MTG") from Industriförvaltnings AB Kinnevik.
At the same time Invik & Co. AB sells 391,710 stocks of type B in MTG to Industriförvaltnings AB Kinnevik. Invik's ownership after this transaction is 26.0% of the votes and 9.9% of the capital in MTG.
Stockholm, February 17, 2000
INVIK & CO. AB
For further information please contact:
Stig Nordin 08- 562 000 00