Voluntary Public Tender Offer – what to do as shareholder?
If you are a shareholder in Re-Match, you should await the release of the offer document from the offeror, Project Astro Bidco ApS (controlled by Verdane), and commencement of the offer period, expectably on the back of the extraordinary general meeting (“EGM”) of Re-Match, scheduled on or around 22 March 2023. The Public Tender Offer will include an offer period of expected minimum four weeks (subject to potential extension of the offer period if regulatory approvals for completion of the transaction are required) where the shareholders in Re-Match will be offered to (i) sell their shares in Re-Match for DKK 7.00 per share, or (ii) exchange their shares in Re-Match with newly issued shares in the offeror at a 1:1 ratio. Settlement of cash consideration or exchange of shares will take place shortly after expiry of the offer period.