In connection with an initial public offering and the planned listing of SOL AB on the Stockholm Stock Exchange on 7 June, Schibsted will sell 5% of the shares in SOL AB (approximately 2.2 million shares) to Telia at the offering price. The anticipated price range for the offering is SEK 100 to SEK 140 per share. Schibsteds ownership in SOL AB after the IPO and sale to Telia will be approximately 36%.