Brief: Nordstjernan SUBMITS PUBLIC BID TO SHAREHOLDERS OF MOMENTUM GROUP

Alligo AB

05/11/2020 10:16

Nov 5 (Reuters) - Nordstjernan:
    * SUBMITS PUBLIC BID TO SHAREHOLDERS OF MOMENTUM GROUP
    * OFFER VALUES ALL SHARES IN MOMENTUM AT ABOUT SEK 6.1
BILLION
    * OFFERS SEK 120 IN CASH FOR EACH SHARE IN MOMENTUM GROUP
    * OFFERED PRICE PER SHARE IN MOMENTUM CORRESPONDS TO PREMIUM
OF
26.4% COMPARED TO VOLUME-WEIGHTED AVERAGE PRICE OF B-SHARES ON
NASDAQ STOCKHOLM DURING LAST 180 TRADING DAYS BEFORE
ANNOUNCEMENT OF OFFER
    * OFFERED PRICE PER SHARE IN MOMENTUM GROUP FALLS BELOW
CLOSING
PRICE OF B SHARE ON NASDAQ STOCKHOLM ON NOVEMBER 4, 2020 BY 7.1%

Source text: https://cisn.co/2GveJSR
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