Stena Sessan announces a recommended cash offer of SEK 9.80 per class B share to the shareholders of Concordia Maritime
Stena Sessan AB[1] (“Stena Sessan”) hereby announces a recommended public offer to the shareholders of Concordia Maritime Aktiebolag (publ)[2] (“Concordia Maritime” or the “Company”) to tender all class B shares[3] in Concordia Maritime to Stena Sessan at a price of SEK 9.80 per class B share (the “Offer”), which represents a premium of 59.2 percent to the volume-weighted average trading price of SEK 6.16 for the class B shares over the last 90 trading days. The class B shares in Concordia Maritime are listed on Nasdaq Stockholm.Press release 12 December 2023 The Offer is not being