Statement by the Board of Directors of Cinnober Financial Technology in relation to the increased public offer from Nasdaq
The Board of Directors of Cinnober Financial Technology has concluded to unanimously recommend that the shareholders and warrant holders of Cinnober Financial Technology accept the increased public offer made by Nasdaq.Background This statement is made by the Board of Directors[1] (the “Board of Directors”) of Cinnober Financial Technology Aktiebolag (publ) (the “Company”, “Cinnober Financial Technology” or “Cinnober”) pursuant to Rule II.19 of the Swedish Corporate Governance Board’s takeover rules for certain trading platforms (the “Takeover Rules”). On September 14, 2018 Nasdaq