Trasporti
Autoliv Swedish Depository Receipts: Changes to Terms and Conditions, ISIN-code, and Withholding Agent
In order for you as owner of Autoliv SDRs to not be subject to so-called double taxation of potential future Autoliv dividends, your bank/custodian/nominee needs to be a Qualified Intermediary (QI) with a tax agreement with the US Internal Revenue Service (IRS). If your bank/custodian/nominee does not have a QI tax agreement with the IRS, higher US withholding tax will be charged to dividends than if your bank/custodian/nominee has a QI agreement. It is therefore important that you contact your bank/custodian/nominee that holds your SDRs to ensure that it has a QI agreement .
The record date for the ISIN change is February 29, 2024 . The last day of trading for the current ISIN code is February 27, 2024 . The first day of trading on Nasdaq Stockholm with the new ISIN code is February 28, 2024 . During the period of February 26 thru February 29, 2024 , it will not be possible to convert between Autoliv SDRs and Autoliv, Inc. Common Stock traded on the New York Stock Exchange.
More information, including the updated terms & conditions, will be made available on Autoliv's website: (http://www.autoliv.com/investors/share/SAUDR).
Investors & Analysts: Anders Trapp , Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar , Tel +46 (0)8 587 206 14
(NYSE: ALV) (Nasdaq Stockholm: ALIV.sdb)
The following files are available for download:
View original content:https://www.prnewswire.co.uk/news-releases/autoliv-swedish-depository-receipts-changes-to-terms-and-conditions-isin-code-and-withholding-agent-302035491.html