Expiry of Cidron Delfi Limited’s non-binding offer to purchase bonds issued by Orc Group Holding AB (publ)

March 18 2015

This press release may not, directly or indirectly, be distributed or published in Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States of America, or any other jurisdiction where to do so may constitute a violation of applicable laws and regulations or require further filings or other measures in addition to those required under Swedish law.

On 11 March 2015, Cidron Delfi Limited, a company based in Jersey, Channel Islands, and in the ownership of Nordic Capital Fund VII, launched a non-binding offer to purchase from bondholders certain of the EUR 60 million 8.5% 2012/2017 bonds with ISIN SE0004872851 issued by Orc Group Holding AB (publ) (the "Bonds") for cash consideration (the "Offer") at a price equal to 96.5% of the nominal amount plus accrued but unpaid interest. Following the announcement the Bonds traded above the Offer price.

The Offer expired at 12.00 CET on 18 March 2015 and at the time of expiration no Bonds had been tendered by holders of Bonds and consequently Cidron Delfi Limited has not acquired any Bonds in the Offer.

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 18 March 2015

 CIDRON DELFI LIMITED
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About the Nordic Capital Funds

Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989. Through committed ownership and by targeting strategic development and operational improvements, the Nordic Capital Funds enable value creation in their investments. Nordic Capital Funds invest in companies in Northern Europe and in selected investment opportunities internationally. The capital is principally provided by international institutions such as pension funds. Nordic Capital Funds are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK. Nordic Capital Fund VII, the ultimate beneficial owner of the Orc Group, has EUR 4.3 billion in committed capital. For further information please see www.nordiccapital.com.

 

Disclaimer

This document is not an offer to sell securities in any jurisdiction including, for the avoidance of doubt, Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States of America or any other country in which it may not be made without authorisation from the relevant authorities.

Skandinaviska Enskilda Banken AB (publ) acted as financial adviser to Cidron Delfi Limited and no one else in respect of the expired Offer. Skandinaviska Enskilda Banken AB (publ) will not be responsible to any holder of Bonds for providing advice in relation to the expired Offer. Skandinaviska Enskilda Banken AB (publ) has not assumed any obligation to independently verify, and disclaims any liability with respect to, the information herein.