Statement from the independent bid committee in KappAhl in relation to the public tender offer by Mellby Gård
This statement is made by the independent bid committee of the board of directors of KappAhl AB (publ) (the "Committee") ("KappAhl" or the "Company") pursuant to Section II.19 of Nasdaq Stockholm's Takeover Rules (the "Takeover Rules"). Conclusion The Committee unanimously recommends the shareholders of KappAhl to accept Mellby Gårds public tender offer.Background On 29 July 2019 a public tender offer was made by Mellby Gård AB ("Mellby Gård") to the shareholders of KappAhl to tender all their shares in KappAhl to Mellby Gård (the "Offer"). Mellby Gård is offering a cash