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2016-05-11

BE Group AB: Record date for the reverse share split of the company's shares

The Annual General Meeting in BE Group AB (publ) on 28 April 2016
resolved on a reverse share split of the company's shares, whereby 20
existing shares will be consolidated into to one new share (reverse
share split 1:20). The Board of Directors was authorized to determine
the record date for the reverse share split.

The Board of Directors has now determined that the record date for the
reverse share split will be Friday 20 May 2016, which means that the
last day for trading in the share prior to the reverse share split is
Wednesday 18 May 2016, and the first day for trading with the
consolidated shares is Thursday 19 May 2016.

As a result of the reverse share split, the shares in BE Group will as
from and including 19 May 2016 change ISIN-number. The new ISIN
number is SE0008321921. The shares obtained through the reverse split
are expected to be registered on VP-accounts on Monday 23 May 2016,
i.e. the first week day after the record date.

The reverse share split will be carried out automatically by Euroclear
and shareholders do not need take any actions. After the reverse
share split, the number of shares in the company will amount to
13,010,124 shares.

For further information, please contact:
Andreas Karlsson, CFO
tel.: +46 (0)709-48 22 33 e-mail: andreas.karlsson@begroup.com

BE Group, listed on the Nasdaq Stockholm exchange, is a trading and
service company in steel, stainless steel and aluminium. BE Group
offers efficient distribution and value-adding production services to
customers primarily in the construction and engineering sectors. In
2015, the Group reported sales of SEK 4.2 billion. BE Group has about
770 employees, with Sweden and Finland as its largest markets. The
head office is located in Malmö, Sweden. Read more about BE Group at
www.begroup.com.

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http://news.cision.com/be-group-ab/r/record-date-for-the-reverse-share-s...
http://mb.cision.com/Main/1831/2006485/514031.pdf

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