Brief: Resurs Board Recommends To Accept Offer From Ronneby UK
18/06/2024 07:42
June 18(Reuters) - Resurs Holding AB RESURS.ST :
* SAID ON MONDAY BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS
SHAREHOLDERS TO ACCEPT PUBLIC OFFER FROM RONNEBY UK LIMITED
* EXPECTS Q2 OPER PROFIT EX-ITEMS AT SEK 110 MLN, COMPARED
TO SEK
244 MLN YR AGO
* CVC AND WALDAKT, THROUGH RONNEBY UK LIMITED, ANNOUNCED
PUBLIC
OFFER TO SHAREHOLDERS OF RESURS TO TRANSFER ALL THEIR SHARES IN
CO TO BIDDER AT PRICE OF SEK 23.50 IN CASH PER SHARE
* OFFER VALUES TOTAL NUMBER OF SHARES IN RESURS AT ABOUT SEK
4.7
BILLION
* MARTIN BENGTSSON, CHAIRMAN OF BOARD OF DIRECTORS OF RESURS
IS
ALSO BOARD MEMBER AND MANAGING DIRECTOR OF WALDAKT
* WALDAKT HAS UNDERTAKEN TO CONTRIBUTE ALL SHARES IN RESURS
TO
BIDDER IN CONNECTION WITH COMPLETION OF OFFER
* OFFER PRICE REPRESENTS PREMIUM OF 38.2% VS CLOSING PRICE
OF SEK
17.0 FOR RESURS SHARE ON MONDAY
* ACCEPTANCE PERIOD FOR OFFER IS EXPECTED TO COMMENCE ON OR
AROUND
AUG 2 2024 AND EXPIRE ON OR AROUND AUG 30 2024
* ERIK SELIN, BEING SECOND LARGEST INDIVIDUAL SHAREHOLDER OF
RESURS, HOLDING ABOUT 3.33% OF OUTSTANDING SHARES AND VOTES IN
RESURS HAS EXPRESSED HIS SUPPORT FOR OFFER
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Further company coverage: RESURS.ST
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