The Board of Nordnet evaluates the offer from NNB Intressenter
Öhmangruppen and Nordic Capital have today through NNB Intressenter announced a public offer to the shareholders in Nordnet to acquire all shares in Nordnet for cash consideration of SEK 37 per share (the “Offer”).
Claes Dinkelspiel, Ulf Dinkelspiel and Tom Dinkelspiel, being participants in the Offer, have not participated and will not participate in the Board’s processing of or resolutions concerning the Offer. The other members of the Board, Anna Frick, Kjell Hedman, Bo Mattsson, Jaana Rosendahl and Anna Settman, have for the purposes of the Offer appointed Kjell Hedman as chairman.
Upon written request by Öhmangruppen and Nordic Capital, the Board has found it justified to permit Öhmangruppen and Nordic Capital to carry out a limited, confirmatory, due diligence review in connection with the preparations for the Offer. Öhmangruppen and Nordic Capital have in connection with such due diligence review not received any information which has not been previously disclosed which could reasonably be expected to affect the price of the shares in Nordnet.
The Board will now evaluate the Offer and obtain a fairness opinion. The Board will no later than two weeks prior to the expiry of the acceptance period announce its opinion of the Offer, including the reasons for its opinion.
The Board has engaged Lenner & Partners as financial advisor and Vinge as legal advisor in relation to the Offer.
For further information regarding the Offer, please refer to NNB Intressenter’s press release announcing the Offer.
For further information, please contact:
Kjell Hedman, Board member Nordnet AB (publ)
Tel: +35 19 31 37 60 06
This information is information that Nordnet AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09.00 CET on 25 October 2016.
Nordnet is a bank for investments and savings with business in Sweden, Denmark, Finland and Norway. The idea behind Nordnet is to give customers control of their money, and the goal is to become the no. 1 choice for investments and savings in the Nordics. Nordnet AB (publ) is listed in Nasdaq Stockholm. Visit us at www.nordnetab.com, www.nordnet.se, www.nordnet.no, www.nordnet.dk or www.nordnet.fi.