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SAS to propose a reverse share split: reports

1-Mar-2010 1:40 PM

SAS reportedly stated it would propose to carry out a reverse share split to reduce the number of shares following a planned rights issue, which is subject to approval at its AGM on 07-Apr-2010 (Dow Jones, 26-Feb-2010). The number of ordinary shares that will be consolidated into one share will reportedly be announced on 06-Apr-2010.