Brief: Vestjysk Bank: group of long-term investors submits voluntary offer

Vestjysk Bank A/S

13/06/2017 09:11

June 13 (Reuters) - VESTJYSK BANK  VJBA.CO : 
    * SAID MONDAY GROUP OF LONG-TERM DANISH INVESTORS RESOLVED TO SUBMIT 
VOLUNTARY OFFER FOR ALL SHARES IN VESTJYSK BANK 
    * GROUP OF INVESTORS COMPRISES NYKREDIT, MAJ INVEST (ON BEHALF OF 
CUSTOMERS), ARBEJDERNES LANDSBANK, AP PENSION, NOVO A/S, THE C.L. DAVID 
FOUNDATION AND COLLECTION, ISP PENSION AND VESTJYLLAND FORSIKRING 
    * MINISTRY OF FINANCE ANNOUNCED CONDITIONAL ACCEPTANCE OF OFFER ON BEHALF OF 
DANISH STATE, WHICH OWNS 81 PERCENT OF SHARES IN THE BANK 
    * INVESTOR GROUP OFFERS DKK 1 PER SHARE TO ALL SHAREHOLDERS IN A VOLUNTARY 
OFFER 
    * DANISH STATE AGREED TO SELL ITS SHARES FOR TOTAL PRICE JUST OVER DKK 123 
MILLION 
    * INVESTOR GROUP WILL GUARANTEE COMPLETION OF SHARE ISSUE RAISING DKK 745 
MILLION IN NEW EQUITY TO VESTJYSK BANK 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nCSE6YbC 
     
 Further company coverage:  VJBA.CO   
    
 
 
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