Prospect, pdf - the SKF site for the capital market
Prospect, pdf - the SKF site for the capital market
Prospect, pdf - the SKF site for the capital market
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Authorisation<br />
GENERAL INFORMATION<br />
1. The issue of <strong>the</strong> Notes was duly authorised by a resolution of <strong>the</strong> Board of Directors of <strong>the</strong> Issuer<br />
dated 18 June 2012.<br />
Listing and admission to trading<br />
2. Application has been made to <strong>the</strong> CSSF to approve this document as a prospectus. Application has<br />
also been made to <strong>the</strong> Luxembourg Stock Exchange <strong>for</strong> <strong>the</strong> Notes to be admitted to trading on <strong>the</strong><br />
Luxembourg Stock Exchange's regulated <strong>market</strong> and to be listed on <strong>the</strong> Official List of <strong>the</strong><br />
Luxembourg Stock Exchange. The Luxembourg Stock Exchange's regulated <strong>market</strong> is a regulated<br />
<strong>market</strong> <strong>for</strong> <strong>the</strong> purposes of <strong>the</strong> Markets in Financial Instruments Directive. The estimated total<br />
expenses related to <strong>the</strong> admission to trading are EUR 6,845.<br />
Clearing Systems<br />
3. The Notes have been accepted <strong>for</strong> clearance through Euroclear and Clearstream, Luxembourg. The<br />
ISIN <strong>for</strong> this issue is XS0827529198 and <strong>the</strong> Common Code is 082752919.<br />
The address of Euroclear is Euroclear Bank SA/NV, 1 Boulevard du Roi Albert II, B-1210 Brusssels<br />
and <strong>the</strong> address of Clearstream, Luxembourg is Clearstream Banking, 42 Avenue JF Kennedy,<br />
L-1855 Luxembourg.<br />
No significant change<br />
4. There has been no significant change in <strong>the</strong> financial or trading position of <strong>the</strong> Issuer or <strong>the</strong> Group<br />
since 30 June 2012 and <strong>the</strong>re has been no material adverse change in <strong>the</strong> financial position or<br />
prospects of <strong>the</strong> Issuer or <strong>the</strong> Group since 31 December 2011.<br />
Litigation<br />
5. Save as disclosed on page 6, nei<strong>the</strong>r <strong>the</strong> Issuer nor any o<strong>the</strong>r member of <strong>the</strong> Group is or has been<br />
involved in any governmental, legal or arbitration proceedings (including any such proceedings<br />
which are pending or threatened of which <strong>the</strong> Issuer is aware) in <strong>the</strong> 12 months preceding <strong>the</strong> date of<br />
this document with an outcome (or expected outcome) which is likely to have or has in such period<br />
had a significant effect on <strong>the</strong> financial position or profitability of <strong>the</strong> Issuer or <strong>the</strong> Group.<br />
Auditors<br />
6. The auditors of <strong>the</strong> Issuer are KPMG AB, authorised public accountants, members of FAR SRS and<br />
registered with <strong>the</strong> Public Company Accounting Oversight Board of <strong>the</strong> United States of America<br />
(PCAOB), who have audited <strong>the</strong> Issuer's accounts, without qualification, in accordance with IFRS<br />
<strong>for</strong> each of <strong>the</strong> two financial years ended on 31 December 2010 and 31 December 2011.<br />
U.S. tax<br />
7. The Notes and Coupons will contain <strong>the</strong> following legend: "Any United States person who holds this<br />
obligation will be subject to limitations under <strong>the</strong> United States income tax laws, including <strong>the</strong><br />
limitations provided in Sections 165(j) and 1287(a) of <strong>the</strong> Internal Revenue Code."<br />
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