Sampo Oyj Sampo Group Has Received All Regulatory Approvals For Its Hastings Deal
SAMPO PLC STOCK EXCHANGE RELEASE 27 October 2020 at 9:10 am
Sampo Group has received all regulatory approvals for its Hastings deal
Sampo announced on 5 August 2020 that Sampo and Rand Merchant Investment
Holdings (RMI) have made a recommended cash offer, through a jointly
owned company, to acquire all issued and to be issued shares in Hastings
Group Holdings Plc not already owned or controlled by Sampo and RMI.
The offer is subject to conditions set out in Part III of the Scheme
Document, including the receipt of certain regulatory and antitrust
approvals. All of the conditions relating to regulatory and antitrust
approvals have now been satisfied.
The Scheme will be effective following completion of the Court Hearing
procedure, which is anticipated to be held on 13 November 2020.
More information on the schedule is available at
Head of Investor Relations and Group Communications
tel. +358 10 516 0030
Communications Manager, Media Relations
tel. +358 10 516 0031
London Stock Exchange
The principal media
Financial Supervisory Authority
(END) Dow Jones Newswires
October 27, 2020 03:25 ET (07:25 GMT)
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