The Swedish Competition Authority has approved the acquisition of the majority in Sardus
This press release may not be released, published or distributed in or into the
USA, Canada, Australia, Japan or any other country in which such a measure is
subject to registration or any other measures than those required by Swedish
law. The Offer is not directed towards any person in those countries or persons
in any other country whose participation requires any additional prospectus,
registration or other measures than those required by Swedish law.
Atria Group Plc Stock exchange release / Press release, 2 April 2007
The Swedish Competition Authority has approved the acquisition of the majority
in Sardus
The Swedish Competition Authority (Sw. Konkurrensverket) has today resolved to
approve the acqui-sition whereby Atria Meat & Fast Food Aktiebolag, an
indirectly wholly-owned subsidiary of Atria Group Plc (“Atria”) acquired a total
of 5 976 900 shares and thus the majority in Aktiebolaget Sardus (publ)
(”Sardus”) pursuant to an agreement of 16 February 2007. Consequently, Sardus
has become Atria's subsidiary.
Atria published the acquisition of the majority stake in Sardus in a release
dated 19 February 2007, together with announcing its unconditional mandatory
public cash offer to the shareholders of Sardus.
By 27 March 2007 Atria had acquired a total of 8 387 806 shares in Sardus which
entitle to a total of 80.2 per cent of the shares and votes of Sardus on a fully
diluted basis.
Pursuant to the terms and conditions of the offer, the acceptance period will
end on 4 April 2007 and Atria has reserved the right to extend the offer period.
Atria will announce the result of the offer and any other thereto related
matters in accordance with the offer terms and conditions.
As a company listed on Stockholmsbörsen, Sardus will continue to issue company
announcements pursuant to the applicable Swedish rules and regulations. The
information published by Sardus is also available on Sardus' website
www.sardus.se. Upon receipt of such announcements, Atria will publish
information required in accordance with the applicable Finnish rules and
regulations. In such cases it is possible that Atria will first publish the
information in the Swedish language and then separately in Finnish and in
English as soon as possible thereafter.
Helsinki, 2 April 2007 Stockholm, 2 April 2007
Atria Group Plc Atria Meat & Fast Food Aktiebolag
For further information, please contact:
Matti Tikkakoski, President and CEO of Atria Group Plc
Tel. +358 50 2582
Christer Åberg, Managing Director of Atria in Sweden and Atria Meat & Fast Food
Aktiebolag
Tel. +46 70 390 61 00
DISTRIBUTION:
Helsinki Stock Exchange
Principal Media
www.atria.fi