EVRY ASA: Conditional share transfer between Lyngen Holding and Solidium
19 June 2019, EVRY’s largest shareholder, Funds advised by Apax Partners LLP, acting through the company Lyngen Holdco S.A.R.L. (“Apax”) has today conditionally committed to sell approximately 4.4 million TietoEVRY shares to Solidium, who holds 10% of the shares in Tieto. The sale and purchase contemplated is conditional, among other, upon the completion of the cross-border merger of Tieto and EVRY announced on 18 June 2019 and includes customary conditions precedent. Apax' shareholding in EVRY is currently approximately 54.32%, which will be converted into shares in TietoEVRY after