New date for the offer period for Vinda
The complete prospectus for SCA’s public cash offer for the Chinese tissue company Vinda is expected to be published and distributed on 7 October 2013 at the latest.
For more details, please see the joint announcement that follows below.
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited
take no responsibility for the contents of this announcement, make no representation as to its
accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever
arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer
to acquire, purchase or subscribe for securities of Vinda nor shall there be any sale, purchase or
subscription for securities of Vinda in any jurisdiction in which such offer, solicitation or sale
would be unlawful absent the filing of a registration statement or the availability of an applicable
exemption from registration or other waiver. This announcement is not for release, publication or
distribution in or into any jurisdiction where to do so would constitute a violation of the relevant
laws of such jurisdiction.
SCA Group Holding BV Vinda International Holdings Limited
(Incorporated in the Netherlands with limited liability) (Incorporated in the Cayman Islands with limited liability)
(Stock code: 3331)
JOINT ANNOUNCEMENT
DELAY IN DESPATCH OF COMPOSITE OFFER AND RESPONSE DOCUMENT
IN RELATION TO
VOLUNTARY CONDITIONAL CASH OFFER FOR
VINDA INTERNATIONAL HOLDINGS LIMITED
Sole Financial Adviser to
SCA Group Holding BV
Joint Financial Adviser to
Vinda International Holdings Limited
Independent Financial Adviser to the Independent Board Committee
INTRODUCTION
Reference is made to the announcement jointly issued by SCA Group Holding BV (the
‘‘Offeror’’) and Vinda International Holdings Limited (‘‘Vinda’’) dated 9 September 2013 in
relation to the voluntary conditional cash offer by J.P. Morgan for and on behalf of the
Offeror for Vinda (the ‘‘Announcement’’). Unless otherwise stated, capitalised terms used
herein shall have the same meanings as those defined in the Announcement.
DELAY IN DESPATCH OF COMPOSITE DOCUMENT
Pursuant to Rule 8.2 of the Takeovers Code, unless the Executive’s consent is otherwise
obtained, the Composite Document (together with the accompanying forms of acceptance)
should be despatched within 21 days of the date of the Announcement, which is on or before
30 September 2013.
The despatch of the Composite Document (together with the accompanying forms of
acceptance) will be delayed as additional time is required to finalise the information to be
included in the Composite Document.
An application has been made to the Executive for an extension of time for the despatch of the
Composite Document (together with the accompanying forms of acceptance) from 30
September 2013 to a date on or before 7 October 2013. The Executive has indicated that it is
minded to grant consent for such extension.
By order of the board of directors of
SCA Group Holding BV
Jan Torsten FRIMAN
Director
By order of the board of directors of
Vinda International Holdings Limited
ZHANG Dong Fang
Director
Hong Kong, 30 September 2013
As at the date of this announcement, the Board comprises executive Directors, namely Mr. LI
Chao Wang, Ms. YU Yi Fang, Ms. ZHANG Dong Fang and Mr. DONG Yi Ping; non-executive
Directors, namely Mr. Johann Christoph MICHALSKI, Mr. Ulf Olof Lennart SODERSTROM
and Mr. CHIU Bun (alternate director to Mr. MICHALSKI and Mr. SODERSTROM) and
independent non-executive Directors, namely Dr. CAO Zhen Lei, Mr. KAM Robert, Mr. HUI
Chin Tong, Godfrey and Mr. TSUI King Fai.
As at the date of this announcement, the board of directors of the Offeror comprises of Jan
Torsten FRIMAN, Jan Lennart PERSSON, Iman DAMSTE´ , William Andrew VERMIE,
Mukundkumar Ambalal AMIN and Duncan John PARSONS.
All Directors jointly and severally accept full responsibility for the accuracy of the information
contained in this announcement (other than the information relating to the Offeror and the
parties acting in concert with it), and confirm, having made all reasonable enquires, that to the
best of their knowledge, opinions expressed in this announcement (other than those expressed by
the Offeror and the parties acting in concert with it) have been arrived at after due and careful
consideration and there are no other facts not contained in this announcement, the omission of
which would make any statement contained in this announcement misleading.
The directors of the Offeror jointly and severally accept full responsibility for the accuracy of the
information contained in this announcement (other than the information relating to the Vinda
Group), and confirm, having made all reasonable enquires, that to the best of their knowledge,
opinions expressed in this announcement (other than those expressed by the Vinda Group) have
been arrived at after due and careful consideration and there are no other facts not contained in
this announcement, the omission of which would make any statement contained in this
announcement misleading.
For additional information please contact:
Johan Karlsson, VP Investor Relations, +46 8 788 51 30
Boo Ehlin, VP Media Relations, +46 8 788 51 36
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Lotus, Libresse, Tempo and Libero. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 36,000 employees and sales in 2012 amounted to SEK 85bn (EUR 9.8bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com