NNB Intressenter increases the offer price and waives the minimum acceptance condition in its public cash offer to the shareholders of Nordnet. Nordnet's Board of Directors has unanimously resolved to recommend NNB Intressenter's revised offer.
January 09 2017
On 25 October 2016, the Öhman Group 1) and Nordic Capital Fund VIII, 2) through NNB Intressenter AB ("NNB Intressenter"), announced an offer to the shareholders of Nordnet AB (publ) ("Nordnet") to acquire all shares in Nordnet (the "Offer"). NNB Intressenter now increases the consideration in the Offer to SEK 38 for each share in Nordnet and waives the minimum acceptance condition. NNB Intressenter declares that no further increase will take place, and accordingly the consideration in the Offer of SEK 38 for each share in Nordnet is final. Nordnet's Board of Directors has unanimously resolved to recommend the shareholders in Nordnet to accept the revised Offer.
For full access to the press release, please see www.nnbintressenter.com
THIS PRESS RELEASE MAY NOT BE, DIRECTLY OR INDIRECTLY, DISTRIBUTED OR PUBLISHED TO OR WITHIN THE USA, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND OR SOUTH AFRICA. THE OFFER IS NOT BEING MADE TO (NOR WILL TENDER OF SHARES BE ACCEPTED FROM) PERSONS IN THESE COUNTRIES OR PERSONS IN ANY OTHER COUNTRIES WHERE TENDER OF SHARES WOULD DEMAND FURTHER DOCUMENTATION, FILINGS OR OTHER MEASURES IN ADDITION TO SWEDISH LAW.