UNCONDITIONAL OFFER FOR REMAINING SHARES OPEN UNTIL 28 JUNE 2019
Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 4 June 2019
Euronext, the leading pan-European exchange, announces today that it now controls, through direct ownership, irrevocable commitments and acceptances of the offer launched on 14 January 2019 and declared unconditional on 31 May 2019, 61.4% of the total issued and outstanding share capital of Oslo Børs VPS. Settlement of Shares tendered under the offer and agreed to be acquired is expected to occur by 14 June 2019.
As previously announced, Euronext launched on 31 May 2019 an unconditional offer[1] on the same terms (NOK 158 plus a fixed interest payment of NOK 3.21 per share) for all issued and outstanding Shares not already owned by it. This unconditional offer is open for Acceptance until 28 June 2019 at 18:30 Central European Time.
Following the launch of the unconditional offer, the Board of Directors of Oslo Børs VPS recommended on 31 May 2019 that shareholders in Oslo Børs VPS wishing to sell their Shares should accept the offer from Euronext.
Shareholders accepting this unconditional offer on or before 7 June 2019 will receive settlement on 14 June 2019. Shareholders are informed that Euronext will not be subject to any obligation to make, and does not intend to make, any new offer to Oslo Børs VPS shareholders once this unconditional offer has been completed.
Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext said: “Euronext thanks all the Oslo Børs VPS shareholders who supported its offer and looks forward to closing the transaction by end of June 2019. As part of the Euronext family, Oslo Børs VPS will continue to be a strong and leading Nordic exchange and CSD, and will become the hub for Euronext’s ambitions in the region. We will now start working with the management and employees of Oslo Børs VPS to build our common strategy for the benefit of all stakeholders.”
Defined terms with capital letters herein have the meaning as in Euronext’s Offer Document published on 31 May 2019 available on www.euronext.com/en.