Ericsson and Sony Ericsson to exercise pre-emption rights

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According to this FT article both Ericsson and Sony Ericsson will be exercising their right to buy some of Psion's Symbian shares. Currently they hold 17.5 and 1.5 percent respectively. Their new combined shareholding will be 27.6%.


If all shareholders exercised their pre-emption rights, Nokia's holding in Symbian would only increase to 46.7 per cent.