dodgeflyer

Yes. Based on the values given, about 10% better.

oliver2002

Interesting... my 500 shares were multiplied by 9 last week and I got an offer to buy another 4500 at the same price which I took. Sadly they have now clarified that you need to be resident in NO/SE/DK to take advantage of the shareholder discount

Im a new user

If you bought the shares using a German broker, SK might not even be able to see that you own the shares. Swedish law says that the broker should disclose your name and address to the Swedish central security depository (which then discloses the information to SK) unless this is impossible, or something similar. This is often "impossible" if foreign companies are involved in holding your shares. If you bought the shares at the Copenhagen or Oslo stock exchange (as opposed to the Swedish one), then you also add an additional layer as the holding goes via the Danish or Norwegian central security depository and this additional layer could mean that it becomes "impossible" even if it would not otherwise be "impossible".

Are you currently receiving any correspondence from SK? I got a letter a couple of weeks ago containing an A4 paper with brief information about the rights issue. Was the same paper sent to you? If you didn't get that paper, then SK might not be able to see that you hold SK shares.

nacho

It's easy to register as a Swedish resident if you are from an EU country.

nacho

Yes it is but not during this Covid-19 crap and if you are flying like 30 times a year.

If your 100k shares don't drop in price as SK does not pay dividend. Say if you are able to buy a share at 1,2SEK then you are 120000 out of your pocket to get EBG, that will last for a year. If you are investing in shares that do pay out annually - Mr. had shares that pay like 5%, which is like 6000 annually and a potential share price increase. For 6000 you can get yourself quite some lounge access and extra bags.

I did look at this and talked to Mr. about it and there's no way we will invest in SAS now or in the near future.

GUWonder

Since a person may need either a personal number or a coordination number issued by Skatteverket and be listed as a resident with Skatteverket for the share registration to work smoothly in Sweden, there is the issue of getting those numbers from Skatteverket. It’s not always been fast and easy to get such a number issued from Skatteverket for all foreign EU citizens and their third country national family members, but I can’t speak of how it goes in the last couple of years.

GUWonder

So the Danish and Swedish governments are again bailing out SAS and its shareholders in a way. Where the limit is to these bailouts is yet to be seen, but at least this should make a very short term investment in SAS shares at least somewhat less risky for qualifying for this SK*G offer this year.

Speaking of big share purchases made by a Swedish/Danish company (or other such artificial Scandinavian entity), do they qualify for this shareholder offer?

Im a new user

Presumably not. Only the shareholder can use the benefits. A company can't travel and it doesn't seem possible to assign the benefits of the shareholder offer to one of the company's representatives.

J_Stroming

GUWonder

For those who bought into SAS shares big time on the day/week of the US election, SAS shares have since risen by approximately 75%.

Not only will the share purchases fund SAS*G status, it'll have funded more travel too.

oliver2002

If you cash in you lose the EBG though?

GUWonder

Not necessarily, as it depends on when and for what period the SK*G is gotten this way. Also, there is more than one way to protect a gain without liquidating the shareholding.

Im a new user

Keep the shares and sell SK CFD contracts? You have to pay interest, though.

GUWonder

Today's the day for those shares being registered.

worldwidedreamer

As an American this kinda appealed, until I learned of the residency requirements. Seeing as SAS trades in the US as an ADR, and many Americans have security accounts that can directly hold shares traded in the EU, wonder if this violates US securities rules? It is my understanding that it is quite illegal to treat different shareholders within the same tranche differently.