Nets A/S: Approval received from the Danish FSA
December 11 2017 - 10:51AM
Company announcement No. 32/2017 |
|
Approval received from the Danish
FSA
With reference to company announcement dated 23 October 2017 (no.
29/2017) regarding the submission of the voluntary, recommended,
public takeover offer for Nets A/S by Evergood 5 AS (the
"Offeror"), the Danish Financial Supervisory Authority has today
approved the acquisition of a qualified interest of 50% or more of
the shares and voting rights in Nets Denmark A/S. Due to an
internal reorganisation within the Nets Group to be implemented
prior to completion of the Offer, an approval from the Danish
Financial Supervisory Authority is no longer considered as a
requirement for the Offeror's acquisition of a qualified interest
of 50% or more of the shares and voting rights in Teller A/S.
As described in company announcement dated 9
November 2017 (no 31/2017) regarding the financial results for Q3
2017, the Offeror received on 7 November 2017 the European
Commission's approval of the acquisition of Nets A/S. Furthermore,
the Norwegian FSA confirmed on 8 November 2017 that it has no
objections in relation to the Offeror's acquisition of Nets A/S and
on 23 November 2017, the Finnish Ministry of Economic Affairs
issued an approval of the acquisition.
Following the approval from the Danish FSA, only
the approval from the Swedish FSA and confirmation from Finnish FSA
are outstanding.
The Offer expires on 18 December 2017 at 16:00
(CET), unless the offer period is extended as described in the
offer document.
For further information, please
contact:
For media enquiries:
Pia Stoklund, Head of Communications, at +45 29 48 26 46 or
pstok@nets.eu
For investor and analyst
enquiries:
Lars Oestmoe, Head of M&A and IR, at +47 91 34 71 77 or
lostm@nets.eu
Information on Nets
Nets is a leading provider of digital payment services and related
technology solutions across the Nordic region. Nets sits at the
centre of the digital payments ecosystem and operates a deeply
entrenched network, which connects merchants, corporate customers,
financial institutions and consumers enabling them to make and
receive payments as well as, increasingly, utilise value-added
services to help them improve their respective activities.
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: Nets A/S via Globenewswire
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