Announcement of the expiry and final result of Sampo's mandatory offer to the shareholders of Topdanmark
October 26 2016 - 2:31AM
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SAMPO PLC
STOCK EXCHANGE
RELEASE 26 October 2016 at 9:30 am
Announcement of the expiry and
final result of Sampo's mandatory offer to the shareholders of
Topdanmark
On 27 September 2016, Sampo plc announced the
commencement of the mandatory offer to the shareholders of
Topdanmark A/S. Pursuant to the terms and conditions of the
mandatory offer, the offer period expired on 25 October 2016 at
16:00 (CET). In accordance with the Danish Takeover Order (no. 562
of 2 June 2014) Section 21(3), Sampo hereby announces that the
offer is completed. The final result of the offer shows that Sampo
has received acceptances from shareholders in Topdanmark
representing 7,374,306 shares corresponding to approximately 7.76
per cent of the entire share capital and all voting rights in
Topdanmark (including Topdanmark's holding of treasury shares).
Following completion of the offer, Sampo holds
41.11 per cent of the entire share capital and all voting rights in
Topdanmark.
The offer will be settled in cash as soon as
possible through the selling shareholders' own custodian banks,
expectedly on 28 October 2016.
The mandatory offer was made pursuant to the
Danish Takeover Order Section 2(1). Pursuant to the Danish Takeover
Order Sections 20 and 27, a Danish translation of this release is
attached to this release.
SAMPO PLC
Board of Directors
Further information:
Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 10 516 0030
Maria Silander
Communications Manager
tel. +358 10 516 0031
Distribution:
Nasdaq Helsinki
Nasdaq Copenhagen
London Stock Exchange
The principal media Financial Supervisory Authority
www.sampo.com
Danish translation of the stock
exchange release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Sampo Oyj via Globenewswire