Announcement of the expiry and final result of Sampo's mandatory offer to the shareholders of Topdanmark
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA, HONG KONG OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
Announcement of the expiry and final result of Sampo's mandatory offer to the shareholders of Topdanmark
On 27 September 2016, Sampo plc announced the commencement of the mandatory offer to the shareholders of Topdanmark A/S. Pursuant to the terms and conditions of the mandatory offer, the offer period expired on 25 October 2016 at 16:00 (CET). In accordance with the Danish Takeover Order (no. 562 of 2 June 2014) Section 21(3), Sampo hereby announces that the offer is completed. The final result of the offer shows that Sampo has received acceptances from shareholders in Topdanmark representing 7,374,306 shares corresponding to approximately 7.76 per cent of the entire share capital and all voting rights in Topdanmark (including Topdanmark's holding of treasury shares).
Following completion of the offer, Sampo holds 41.11 per cent of the entire share capital and all voting rights in Topdanmark.
The offer will be settled in cash as soon as possible through the selling shareholders' own custodian banks, expectedly on 28 October 2016.
The mandatory offer was made pursuant to the Danish Takeover Order Section 2(1). Pursuant to the Danish Takeover Order Sections 20 and 27, a Danish translation of this release is attached to this release.
SAMPO PLC
Board of Directors
Further information:
Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 10 516 0030
Maria Silander
Communications Manager
tel. +358 10 516 0031
Distribution:
Nasdaq Helsinki
Nasdaq Copenhagen
London Stock Exchange
The principal media Financial Supervisory Authority
www.sampo.com