Paradigm Capital Value Fund (Sicav) holds more than 30 per cent of the shares and votes in Jetpak

This press release is not an offer to acquire shares. This press release is made in accordance with Chapter 3 section 1 of the Swedish Act on Public Takeovers on the Stock Market (2006:451).

Paradigm Capital Value Fund (Sicav) B129149 RCS Luxembourg (“Paradigm Capital”) has acquired an additional 734,444 shares in Jetpak Top Holding AB (publ), reg.no. 559081-5337, (“Jetpak”) for a maximum consideration of SEK 79 per share.[1] Through the acquisition, Paradigm Capital has attained a direct and indirect[2] holding of 4,220,795 B shares in Jetpak, corresponding to a holding of approximately 34.5 per cent of the shares and votes in Jetpak.[3][2]

Through the acquisition, the mandatory bid threshold is passed, entailing that Paradigm Capital is required to launch a mandatory takeover offer for the remaining shares in Jetpak within four weeks from the acquisition, or to sell such number of shares that Paradigm Capital’s shareholding represents less than three tenths of the voting rights for all shares in Jetpak. No later than on 19 February 2024, Paradigm Capital intends to either announce that Paradigm Capital no longer holds 30 per cent or more of the votes in Jetpak or launch a mandatory takeover offer for the remaining shares in Jetpak through a separate press release.

For additional information, please contact:
Joel Gedin, Fogel & Partners, joel.gedin@fogelpartners.se, tel. no. +46 707 50 08 50
 

This press release was submitted for publication on 22 January 2024 at 09.30 CET.

Important information
This press release is not an offer to acquire shares. Anyone passing the mandatory bid threshold of 30 per cent of the votes in a company with shares admitted to trading on a regulated market must according to Chapter 3 section 1 of the Swedish Act on Public Takeovers on the Stock Market disclose the passing of the mandatory bid threshold. This press release constitutes such a disclosure.