Terveystalo owns 97.42 percent of Feelgood and closes the offer for Feelgood
Terveystalo Plc Stock Exchange Release 27 July 2021 at 16:00 EEST
THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IT IS NOT AN OFFER TO BUY OR SOLICITATION OF OFFERS TO BUY ANY SECURITIES. INFORMATION REGARDING THE OFFER TO THE SHAREHOLDERS OF FEELGOOD SVENSKA AB (PUBL) AS ANNOUNCED IN SEPARATE PRESS RELEASES IS AVAILABLE ONLY TO SHAREHOLDERS IN CERTAIN PERMITTED JURISDICTIONS. THIS ANNOUNCEMENT MAY NOT BE DISTRIBUTED IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA, SWITZERLAND OR THE UNITED STATES.
On 8 June 2021, Terveystalo Plc (“Terveystalo”) announced that its wholly owned subsidiary Terveystalo Healthcare Oy (“Terveystalo Healthcare”) made a recommended mandatory cash offer to the shareholders of Feelgood Svenska AB (publ) (“Feelgood”) to tender all their shares in Feelgood to Terveystalo Healthcare for a consideration of SEK 5.70 (approximately EUR 0.566) in cash per share (the “Offer”).
After the end of the initial acceptance period on 12 July 2021, Terveystalo Healthcare announced that Terveystalo Healthcare owned in aggregate 96.24 percent of the shares and votes in Feelgood, that the Offer is being completed, that the acceptance period was extended until and including 26 July 2021 and that Terveystalo Healthcare had initiated compulsory redemption of the remaining shares in Feelgood.
Today, Terveystalo Healthcare announced that, at the end of the acceptance period on 26 July 2021, Terveystalo Healthcare owns in aggregate 97.42 percent of the shares and votes in Feelgood, including shares tendered in the Offer, shares acquired outside the Offer, and the shares acquired from certain large shareholders of Feelgood in connection with the announcement of the Offer. Terveystalo Healthcare further announced that the acceptance period of the Offer will not be further extended and, accordingly, that the Offer is now closed.
More information about the Offer
Information regarding the Offer can be found on Terveystalo Healthcare’s website for the Offer: www.terveystalo-erbjudande.se. The website is available in Swedish and English.
For further information, please contact:
Kati Kaksonen, Vice President, Communications
Tel. +358 10 345 2034
Kati.kaksonen@terveystalo.com
Liisa-Maija Seppänen, IR Manager
Tel +358 50 314 4455
liisa-maija.seppanen@terveystalo.com
Distribution:
Nasdaq Helsinki Ltd
Main media
www.terveystalo.com
Important information
This announcement is for information only and it is not an offer to buy or solicitation of offers to buy any securities. Information regarding the offer to the shareholders of Feelgood Svenska AB (publ) as announced in separate press releases is available only to shareholders in certain permitted jurisdictions. This announcement may not be distributed in or into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Switzerland or the United States.
Statements in this announcement relating to future status or circumstances, including statements regarding future performance, growth and other trend projections and 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 Terveystalo. Any such forward-looking statements speak only as of the date on which they are made and Terveystalo has no obligation (and undertakes no such obligation) to update or revise any of them, whether as a result of new information, future events or otherwise, except for in accordance with applicable laws and regulations.
Terveystalo in brief
Terveystalo is Finland's largest health service company in terms of revenue and network, with the aim of empowering lifelong health and well-being and building a healthier society. The company provides comprehensive well-being, primary care and specialist care services to corporate and private customers, as well as the public sector. Terveystalo's digital appointment serves are available 24/7, regardless of time and place. In addition, the company offers health and well-being services in more than 300 locations throughout Finland.
In 2020, Terveystalo had 1.2 million individual customers. Some 6.9 million customer visits were made, of which more than a quarter took place in remote channels. Terveystalo employs more than 13,000 health and well-being professionals.