FEBRUARY 01 2017
The Öhman Group 1) and Nordic Capital Fund VIII 2) have through NNB Intressenter AB ("NNB Intressenter") announced a public offer to the shareholders of Nordnet AB (publ) ("Nordnet") to transfer all shares in Nordnet to NNB Intressenter (the "Offer"). Following completion of the Offer on 25 January 2017 NNB Intressenter owns and controls approximately 93.4 per cent of the capital and votes in Nordnet. 3)
NNB Intressenter aims to quickly initiate the work to strengthen Nordnet's product offering, competetiveness and profitability, and has therefore requested that an extraordinary general meeting is held to elect a new Board of Directors. The extraordinary general meeting will be held on 21 February 2017 and the notice is available at www.nordnetab.com, and includes the proposal that the Board of Directors should comprise of Hans Larsson (chairman), Tom Dinkelspiel, Jan Dinkelspiel, Christian Frick, Christopher Ekdahl and Pierre Siri.
NNB Intressenter has furthermore recruited Peter Dahlgren and intends to propose to the Board of Directors of Nordnet that Peter Dahlgren is appointed as new CEO of Nordnet during Spring 2017, succeeding Håkan Nyberg.
"Working with Håkan is great fun! Some people are especially energetic, creative and stimulating, and Håkan is indeed such a person and he is also loyal and offers a lot of drive based on good values. He will hand over a profitable and well run bank later this Spring, following an exceptional contribution as CEO, where he has built structural capital and increased the drive for innovation at Nordnet", comments Claes Dinkelspiel, existing chairman of the Board of Directors of Nordnet.
"Being CEO of Nordnet is the most fun job I have had and I firmly believe in the plans to further devlop the company. As the company now goes into its next development phase, I feel it is quite natural to hand over to a new CEO. I will remain with the company until the new CEO joins, and will, of course, follow the development of Nordnet as a customer going forward", comments Håkan Nyberg, existing CEO of Nordnet.
"Nordnet is a well run company with committed employees that I look forward to get to know and work together with. Nordic Capital and the Öhman Group are, as I see it, the optimal combination of owners, that now take the company private in order for us to develop the best products in the market place and to meet the demands of the modern customer. I am really looking forward to joining Nordnet and together with my co-workers building a state-of-the-art digital offering for saving and financing services", says Peter Dahlgren.
Peter Dahlgren is a member of the Group Executive Committee at SEB and since 2016 he serves as Head of division Life & Investment. Peter Dahlgren is born in 1972 and has since he joined SEB in 2008 inter alia served as Head of Investments at SEB's Life division, Head of Insitutional Clients at SEB's Wealth Management division and Head of business area Life.
Tom Dinkelspiel, chairman of the board in E. Öhman J:or AB, tel.: +46 (0)706-85 51 80
Christian Frick, Partner, NC Advisory AB, advisor to the Nordic Capitals Funds, tel.: +46 (0)8 440 50 50
Information is also available at NNB Intressenter's website www.nnbintressenter.com
This information was submitted for announcement at 08:30 a.m. (CET) on 1 February 2017.
1) The "Öhman Group" refers to the companies E. Öhman J:or AB, reg. no. 556034-9689, Premiefinans K. Bolin AB, reg. no. 556199-8112, and Gummesson Gruppen AB, reg. no. 556083-6321, which are controlled by members of the Dinkelspiel family, and to 17 members of the Dinkelspiel family.
2) "Nordic Capital Fund VIII" refers to Nordic Capital VIII Limited acting in its capacity as general partner of Nordic Capital VIII Alpha, LP and Nordic Capital VIII Beta, LP, together with associated co-investment vehicles. Nordic Capital VIII Limited is a limited liability company established in accordance with the laws of Jersey, and with registered office in St Helier, Jersey. "Nordic Capital" refers to Nordic Capital Fund VIII and/or funds preceding Nordic Capital Fund VIII (depending on the context).
3) The outcome of the offer is calculated exclusive of the 614.079 own shares held by Nordnet on 25 January 2017.