1. Home
  2. Mandates
  3. Vinge advised Strax on an automatic redemption procedure

Mandate Vinge advised Strax on an automatic redemption procedure

January 30, 2019

Vinge has advised Strax AB in connection with an automatic redemption procedure according to which each outstanding share in Strax has been split into two shares, of which one share (called redemption share) has been redeemed for a proceed of SEK 1.10.

In aggregate, 120,592,332 shares were redeemed at an amount corresponding to approximately SEK 133 million. The redemption procedure was approved by the extraordinary general meeting on 28 December 2018 and the proceeds in the redemption procedure was paid on 30 January 2019.

Vinge’s team consisted mainly of Jesper Schönbeck, Rikard Lindahl, Malte Hedlund, Anna-Karin Alin and Julia Hirschberg. Maria Schultzberg and Henrik Wastenson advised on tax issues.
 

Compliance policies and dawn raid manuals should be revised in light of amendments to the Swedish Competition Act

As previously described, the Swedish Competition Act (2008:579) will be amended in several important respects on 4 February 2021. We recommend that you revise your current compliance policies and manuals for dawn raids to ensure adherence with the new rules.
November 25, 2020

Jerker Kjellander is a new partner in Skåne

 Dispute resolution expert Jerker Kjellander has been elected as a partner in Vinge’s Skåne office.
November 20, 2020

Amendments to the Swedish Competition Act provide extended powers for the Swedish Competition Authority

Early in 2021, the Swedish Competition Act (2008: 579) will be amended in several important respects. The background to the amendments is Directive (EU) 2019/1 of the European Parliament and of the Council, which aims to harmonize the investigative and sanctioning powers of the European competition authorities in their enforcement of the EU competition rules. Undertakings active in Sweden will be affected by the amendments in several ways.
October 12, 2020