M&A Activity • Jan 7, 2021
M&A Activity
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7.1.2021 14:16:40 CET | Entra ASA | Additional regulated information required to be disclosed under the laws of a member state
The board of directors (the "Board") of Entra ASA (the "Company") notes that Castellum AB ("Castellum") today has launched its voluntary offer for the Company's shares by way of an offer document, as announced by the stock exchange notice dated 18 December 2020 from Castellum (the "Castellum Offer").
The Board will together with its advisors review the offer document to fully understand the terms and conditions of the Castellum Offer before providing a recommendation to the Company's shareholders. Such recommendation will be given by 29 January 2021 at the latest, as required by the Norwegian Securities Trading Act chapter 6.
Reference is also made to the Company's announcement 23 December 2020 regarding the announcement made by Samhällsbyggnadsbolaget i Norden AB on its intention to put forward a voluntary offer (the "SBB Offer") for the Company's shares.
Shareholders are advised to refrain from taking any action in respect of their shares in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company.
There can be no certainty that the Castellum Offer will be completed or the SSB Offer will be made or completed.
For further information, please contact
Siri Hatlen, Chair of the Board of Directors, + 47 91744863, [email protected]
Sonja Horn, CEO, +47 90568456, [email protected]
Anders Olstad, CFO, +47 90022559, [email protected]
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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