Feb 15, 2013. /Lesprom Network/. Arctic Paper S.A. presented a public takeover bid to shareholders of Rottneros AB in November 2012. The acceptance period has since been extended and is now open until February 26, 2013, as the company said in a press release received by Lesprom Network. Arctic Paper controls 51.3% of the shares in Rottneros as of February 7, 2013 and as a consequence of its takeover bid has requested that Rottneros convenes an extraordinary general meeting of the company to elect a Board of Directors. The election of the Board is an item of business that would be dealt with at the AGM, together with the other usual AGM business, and the Board of Directors of Rottneros consequently proposed that the extraordinary general meeting requested should be substituted by bringing the AGM forward.. Arctic Paper has accepted this proposal. Rottneros asked the Swedish Securities Council to consider whether this procedure, of bringing the AGM forward, complies with good stock market practice in this context. The Council has confirmed this to be the case. The AGM will be held on Friday, 22 March 2013. Rottneros is an independent producer of market pulp.