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REG - Citigroup Global Mkt Sampo Oyj - Sampo Oyj places 6.9 million shares of Intrum AB





 




RNS Number : 2676C
Citigroup Global Markets Limited
07 February 2020
 

Press release                                                                                                                7 February 2020

This press release may not be published, distributed or released, in whole or in part, directly or indirectly, in the United States of America, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, or any other country where such publication or distribution would violate applicable laws or regulations.

SAMPO OYJ PLACES 6.9 MILLION SHARES OF INTRUM AB

Sampo Oyj ("Sampo") successfully placed 6,877,968 shares in Intrum AB with institutional investors in an accelerated book-building process. The placement price was SEK 272.00 per share. Sampo has hereby fully divested its stake in Intrum.

Citigroup Global Markets Limited and Nordea Bank Abp, filial i Sverige have acted as Joint Bookrunners on the transaction.

This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any of these securities in the United States, Australia, Canada or Japan or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification or the publication of a prospectus under the securities laws of any such jurisdiction. The securities may not be offered or sold in the United States absent registration or an applicable exemption from United States registration requirements. No public offer of securities is to be made in the United States, Australia, Canada or Japan. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law.

This announcement is not an offer of securities for sale in or into the United States. The shares of Intrum have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the laws of any State of the United States and may not be offered or sold in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. No public offering of securities will be made in the United States.

This announcement and any offer of securities to which it relates are only addressed to and directed at persons who are (1) qualified investors as defined under Regulation (EU) 2017/1129 (the "Prospectus Regulation") and (2) who have professional experience in matters relating to investments who fall within article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or are persons falling within article 49(2)(A) to (D) ("High net worth companies, unincorporated associations, etc.") of the Order or are persons to whom an offer of the placement shares may otherwise lawfully be made.

With respect to each member state of the European Economic Area (each a "Member State"), no offer of the shares has been made and will not be made to the public in that Member State in accordance with the Prospectus Regulation, no action has been undertaken or will be undertaken to make an offer to the public of the shares sold by the investors requiring a publication of a prospectus in any Member State. As a consequence, the shares may only be offered or sold in any Member State pursuant to an exemption under the Prospectus Regulation.

No action has been taken by Sampo or any of its affiliates that would permit an offering of such shares or possession or distribution of this announcement or any other offering or publicity material relating to such shares in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required by Sampo to inform themselves about, and to observe, any such restrictions. Persons (including, without limitation, nominees and trustees) who have a contractual or other legal obligation to forward a copy of this announcement should seek appropriate advice before taking any action.

The Joint Bookrunners are acting for Sampo in connection with the transaction and no one else and will not be responsible to anyone other than Sampo for providing the protections afforded to its clients nor for giving advice in relation to the transaction or any other matter referred to herein.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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