Brief: Saxo Bank And Disruptive Capital Acquisition Company Agree To Explore A Combination And Listing Of Saxo Bank On Euronext Amsterdam

2026 Corporate Holdings

15/09/2022 07:45

Sept 15 (Reuters) - Disruptive Capital Acquisition Co Ltd
 DCACS.AS :
    * SAXO BANK AND DISRUPTIVE CAPITAL ACQUISITION COMPANY AGREE
TO
EXPLORE A COMBINATION AND LISTING OF SAXO BANK ON EURONEXT
AMSTERDAM
    * SAXO BANK IS WELL CAPITALISED, SO THERE WILL BE NO PRIMARY
ISSUE
OF SHARES BY SAXO BANK
    * SAXO BANK: THE PROPOSED BUSINESS COMBINATION WOULD
COMPRISE A
SECONDARY SALE OF EXISTING SAXO BANK SHARES TO DCAC FOR
DISTRIBUTION TO DCAC'S SHAREHOLDERS
    * SAXO BANK: THE PURPOSE OF THE POTENTIAL LISTING OF SAXO
BANK IS
TO DIVERSIFY ITS SHAREHOLDER BASE, RAISE ITS PROFILE AND SO
FURTHER ACCELERATE ITS GROWTH STRATEGY
    * SAXO BANK SHAREHOLDERS GEELY FINANCIALS DENMARK A/S AND
SAMPO
PLC INTEND TO SELL A LIMITED  PROPORTION OF THEIR SHAREHOLDING
    * SAXO BANK: THE POTENTIAL TRANSACTION VALUES THE
OUTSTANDING
SHARES OF SAXO BANK (BEFORE A BUSINESS COMBINATION) AT A PRO
FORMA AGGREGATE AMOUNT OF AT LEAST € 2 BILLION
    * SAXO BANK: JP MORGAN IS ACTING AS PLACEMENT AGENT IN
CONNECTION
WITH THE PROPOSED BUSINESS COMBINATION

Source text for Eikon:  ID:nGNE912s6v 
Further company coverage:  DCACS.AS 

 (Reporting by Nikolaj Skydsgaard)
 ((Nikolaj.Skydsgaard@thomsonreuters.com;))