Completion of the voluntary unregulated public tender offer and approval from Nasdaq Copenhagen of request for removal of shares from trading
Company announcement 20/2023 – NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
Herning, Denmark, 11 May 2023 – In company announcement no. 15 of 4 May 2023, Re-Match Holding A/S (the “Company” or “Re-Match”) announced the final result of Project Astro Bidco A/S’ (the “Offeror”) voluntary unregulated public tender offer to certain shareholders of Re-Match (the “Offer”). In company announcement no. 16 of 4 May 2023, it was announced that the Company, upon request from the Offeror, had submitted a request for removal of its shares from Nasdaq First North Premier Growth Market, and that the Offeror intended to exercise its rights under Sections 70 and 72 of the Danish Companies Act to complete a compulsory acquisition of the shares in Re-Match held by minority shareholders.
The Offer has now been completed and settled. Following settlement of the Offer, the Offeror holds 97.5% of the shares and voting rights in Re-Match.
Nasdaq Copenhagen A/S has today accepted to remove the Company’s shares (ISIN DK0061553674) from trading on Nasdaq First North Premier Growth Market based on the simplified procedure in Rule 2.6(c)(i) of Supplement D in the Nasdaq First North Growth Market Rulebook for Issuers of Shares dated 21 March 2023.
Nasdaq Copenhagen has confirmed that the last day of trading of the shares in Re-Match on Nasdaq First North Premier Growth Market will be Monday 15 May 2023.
The Offeror has confirmed to Nasdaq Copenhagen and the Company that it will request all minority shareholders of the Company, by publication of a separate notice on Tuesday 16 May 2023, to transfer all of their remaining shares in Re-Match to the Offeror within a four weeks’ notice period ending on Tuesday 13 June 2023 in accordance with Sections 70 and 72 of the Danish Companies Act. After the expiry of the four weeks’ notice period, the Offeror will pay the compulsory acquisition price through Euronext Securities (VP Securities A/S) to the remaining minority shareholders in Re-Match who have not prior thereto transferred their shares to the Offeror, pursuant to which ownership of the shares held by the non-transferring shareholders will be transferred to the Offeror.
Additional information concerning the compulsory acquisition will be available in the the separate notice to be published by the Offeror on 16 May 2023.
For more info please contact:
Martin Plambek, CMO, +45 5211 1125, mp@re-match.com
Certified Advisor:
Daniel Sand
Email: dsd@beierholm.oaklins.com
Beierholm Corporate Finance P/S
Østergade 26B
1100 Copenhagen
Denmark
