Brief: Vestjysk Bank: Mandatory Tender Offer To All Shareholders In Co

Vestjysk Bank A/S

31/05/2021 10:23

May 31 (Reuters) - Vestjysk Bank A/S  VJBA.CO :
    * REG-MANDATORY TENDER OFFER TO ALL SHAREHOLDERS IN VESTJYSK
BANK
    * SHARES ARE ACQUIRED FROM NYKREDIT REALKREDIT A/S AND AP
PENSION
LIVSFORSIKRINGSAKTIESELSKAB
    * RECEIVED NOTIFICATION THAT ARBEJDERNES LANDSBANK HAS
ACQUIRED
350,147,033 SHARES, CORRESPONDING TO 28.4% OF SHARES AND VOTING
RIGHTS IN CO
    * AL'S TOTAL SHAREHOLDING NOW EQUALS 60.8% OF SHARE CAPITAL
AND
VOTING RIGHTS IN VESTJYSK BANK
    * OFFER PRICE IN TAKEOVER BID WILL AMOUNT TO DKK 3.45 PER
SHARE.
    * AL HAS NOTIFIED THAT AS AL HOLDS MORE THAN A THIRD OF
VOTING
RIGHTS IN VESTJYSK BANK, AL HAS AN OBLIGATION TO SUBMIT A
MANDATORY PUBLIC TAKEOVER BID
    * AL MUST PUBLISH A PURCHASE OFFER DOCUMENT WITHIN FOUR
WEEKS;
VESTJYSK BANK'S BOARD WILL THEN DISCUSS BID AND DISTRIBUTE A
STATEMENT
    * BOARD OF DIRECTORS RECOMMENDS THAT VESTJYSK BANK'S
SHAREHOLDERS
AWAIT SUCH STATEMENT

Source text for Eikon:  ID:nGNE1fGKRx 
Further company coverage:  VJBA.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))