The Hargreaves Family No. 14 Settlement receives FDI-approval regarding the mandatory cash offer to the shareholders in GomSpace Group AB
The Hargreaves Family No. 14 Settlement receives FDI-approval regarding the mandatory cash offer to the shareholders in GomSpace Group AB
This press release may not be distributed, directly or indirectly, to or within the United States of America, Australia, Japan, Canada, New Zealand or South Africa. Nor may this press release be distributed in any country where additional documentation, registration or other measures are required beyond what follows from Swedish law.
On 29 August 2025, The Hargreaves Family No. 14 Settlement (“Hargreaves14”) announced a mandatory cash offer to the shareholders of GomSpace Group AB (“GomSpace”) to acquire all outstanding shares in GomSpace at a price of SEK 6.86 per share (the “Mandatory Offer”). The Mandatory Offer has been made in accordance with the Takeover Rules for certain trading platforms adopted by the Swedish Stock Market Self-Regulation Committee and issued on 1 July 2025 (the ”Takeover Rules”).
The Mandatory Offer is conditional upon all regulatory, governmental, or similar clearances, approvals, decisions, and other actions from authorities or similar, including from Foreign Direct Investment (“FDI”) authorities, in each case on terms which, in Hargreaves14’s opinion, are acceptable.
Today, Hargreaves14 has received FDI-approval from the Danish FDI-authority regarding the Mandatory Offer. Further, FDI-approvals have already been obtained from the FDI Authorities in Sweden and Luxembourg. Consequently, the condition precedent to the Mandatory Offer has been satisfied.
The last day of the acceptance period for the Mandatory Offer is 23 September 2025. Settlement of the consideration is expected to occur on or about 30 September 2024.
For more information, please contact:
Kenn Herskind
Phone number: +44 7523 802138
Email: info@hargreaves14.co.uk
Hargreaves14 is publishing this information in accordance with the Takeover Rules. The information was submitted for publication on 22 September 2025 at 12:00 (CEST).
About the Hargreaves Family No. 14 Settlement
Hargreaves14 is a family settlement. It is a discretionary trust that undertakes investments, mainly in UK, EU, and USA. Hargreaves14 has several innovative investments and has expertise in finance technology and space technology. For more information, visit www.hargreaves14.co.uk.
Important information
The Mandatory Offer is not being made to persons whose participation in the offer requires that an additional offer document be prepared or registration effected or that any other action be taken in addition to what is required under Swedish law.
This press release and any other documentation relating to the offer will not be distributed and may not be mailed or otherwise distributed or sent into any country where to do so would require any such additional measures to be taken or would be contrary to the laws or regulations of that country. Hargreaves14 will not authorise or approve any such distribution.