|Company announcement no. 18|
In accordance with section 3(1) of the Danish Executive Order no. 636 of
This means that Spar Nord's total shareholding in DAB increases from 32.07% to 36.67%. As Spar Nord holds more than a third of the shares in DAB, Spar Nord has an obligation to submit a mandatory public takeover bid to all shareholders in DAB to acquire all outstanding shares in DAB. This in accordance with section 45 of Executive Order no. 1767 of
Pursuant to section 13 of the Danish Executive Order on Takeover Bids, the price per share in the Purchase Offer must at least correspond to the highest price per share that Spar Nord has paid per share within the last six months prior to the approval of The Offer Document. This amounts to
Spar Nord will publish an Offer Document within four weeks of the date of this announcement.
Please direct any questions regarding this release to the undersigned, on tel. +45 9634 4011.
Chief Executive Officer
- No. 18 Announcement of mandatory takeover 20210817
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