OFFER DOCUMENT REGARDING EQT VII’S MANDATORY CASH OFFER TO THE SHAREHOLDERS IN IFS IS MADE PUBLIC
The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of holders in, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States of America, or any other jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of any tender of shares would contravene applicable laws or regulations or require further offer documents, filings or other actions in addition to those required under Swedish law.
Press release
9 December 2015
OFFER DOCUMENT REGARDING EQT VII’S MANDATORY CASH OFFER TO THE SHAREHOLDERS IN IFS IS MADE PUBLIC
EQT VII[1] (”EQT”), through IGT Holding IV AB[2] (”IGT Holding”), on 7 December 2015 announced a mandatory cash offer (the “Offer”) to the shareholders in Industrial and Financial Systems, IFS Aktiebolag (publ) (”IFS”) to acquire all outstanding A- and B-shares in IFS at a price of SEK 362.50 per share, regardless of share class.
The Swedish language offer document relating to the Offer has today been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen).
The offer document and the acceptance form are available on IGT Holding’s website (www.eqtinfo.se) and on Nordea’s website (www.nordea.se) in Swedish and English. A copy of the offer document and a pre-printed acceptance form will be sent to all direct-registered shareholders of IFS as of 8 December 2015. The offer document and the acceptance form can also be obtained from Nordea at the following telephone number: +46 10-156 98 00.
The acceptance period for the Offer will commence on 10 December 2015 and end on 4 January 2016. Settlement is expected to commence around 23 December 2015 for those who have accepted the Offer no later than 18 December 2015, and around 11 January 2016 for those who have accepted the Offer after 18 December 2015 but no later than 4 January 2016. IGT Holding reserves the right to extend the acceptance period for the Offer.
For additional information, please contact:
For more information about the Offer, please see: www.eqtinfo.se
For media enquiries, please contact:
Kerstin Danasten, EQT
Telephone: +46 8 506 55 34
Mobile: +46 766 414290
Email: kerstin.danasten@eqt.se
For urgent enquiries: press@eqt.se
This information was submitted for publication on 9 December 2015 at 11.00 (CET)
Important information
The Offer is not being made to persons whose participation in the Offer requires that any additional offer document is prepared or registration effected or that any other measures are taken in addition to those required under Swedish law. This press release and any documentation relating to the Offer are not being distributed and must not be mailed or otherwise distributed or sent in or into any country in which the distribution or offering would require any such additional measures to be taken or would be in conflict with any law or regulation in such country – any such action will not be permitted or sanctioned by IGT Holding. Any purported acceptance of the Offer resulting directly or indirectly from a violation of these restrictions may be disregarded.
The Offer is not being made, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States of America by use of mail or any other means or instrumentality (including, without limitation, facsimile transmission, electronic mail, telex, telephone and the Internet) of interstate or foreign commerce, or of any facility of national security exchange, of Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States of America, and the Offer cannot be accepted by any such use, means, instrumentality or facility of, or from within, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States of America. Accordingly, this press release and any documentation relating to the Offer are not being and should not be mailed or otherwise distributed, forwarded or sent into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States of America. IGT Holding will not deliver any consideration from the Offer into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States of America.
Statements in this press release relating to future status or circumstances, including statements regarding future performance, growth and other trend projections and the other benefits of the Offer, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipates”, “intends”, “expects”, “believes”, or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of IGT Holding and IFS.
[1] EQT VII comprises EQT VII (No.1) Limited Partnership, EQT VII (No.2) Limited Partnership (together the “Partnerships”) as well as certain co-investment schemes established to invest alongside the Partnerships. EQT Services (UK) Limited acts as the manager of the Partnerships and certain of the schemes, and is authorized and regulated by the United Kingdom Financial Conduct Authority.
[2] A newly formed company indirectly wholly owned by EQT.