Lifco withdraws the offer to the shareholders of NOTE

Report this content

This press release may not be published or distributed, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand or South Africa. The Offer is not being made to, nor will any tender of shares be accepted from, holders in such jurisdictions or elsewhere where their participation requires further documentation, filings or other measures in addition to those required by Swedish law.

The acceptance period for the offer from Lifco AB (“Lifco”) to the shareholders of NOTE AB (publ) (“NOTE”) expired on 23 January 2013. At the end of the acceptance period, 4,258,619 shares, corresponding to 14.7 per cent of the shares and votes, in NOTE had been tendered in the offer.

Completion of the offer is conditional upon, among other things, that the offer is accepted to such extent that Lifco becomes the owner of shares representing more than 90 per cent of the outstanding shares in NOTE. This condition has not been satisfied. Accordingly, Lifco has resolved to withdraw the offer.

The shares tendered in the offer will not be acquired by Lifco, but will remain in the respective holder’s possession without any actions by the holder.

 
Further information

For media questions, please contact:
Fredrik Karlsson, CEO and president
Phone: +46 70 320 35 92
E-mail: fredrik.karlsson@lifco.se

This press release was submitted for publication on 25 January 2013 at 18:00 (CET).

Subscribe

Documents & Links